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Business & farm
What I don't get is why isn't there a place for the 1099-NEC in the business area? The Business area only has the 1099-MISC. Then, I noticed in the Personal Income area (after I finished up Business) you can enter a 1099-NEC. But, I already entered my business income into the 1099-MISC (even though I actually have a 1099-NEC). If I enter the 1099-NEC then I'll double my income (I would think anyway) - so then I'd need to delete the 1099-MISC form in the Business area. Not sure if that will change my deductions. Something seems amiss.
What should I do?
May 15, 2021
1:16 PM