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Retirement tax questions
FYI ... you NEVER have to enter all the individual 1099 forms in the Sch C income section ... doing so is for your use only and IMHO is a big waste of time since none of that info is sent to the IRS ... all they get on the Sch C is one total amount which you can enter yourself in the GENERAL income section as ONE entry and save yourself all the time and effort. If you enter your total annual income from your records you never have to wait for any 1099 forms to come in the mail.
‎January 13, 2021
5:45 PM