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Business & farm
Thanks for your reply. On IRS Form 1065 I don't see a separate line "Sales of Product or Service Receipts" that you suggested. On Form 1065, line 1a is "Gross receipts or sales." Is that where I enter the 1099-NEC - along with all other income? I understand I would not "double count" the NEC income if it is all included on 1a "Gross receipts or sales". Thanks again.
March 4, 2021
9:10 AM