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Retirement tax questions
For the business income screen, TT lists both a 1099-MISC and 1099-NEC each with the 2019 income. A dive into the 1099-NEC, TT does not populate with the 2019 information for that business.
Diving into the 1099-MISC for the same business, TT recognizes the 2019 income reported on the 1099-MISC for that year). Why doesn't TT import this into the 1099-NEC?
Obviously since it was reported in box 7 for TY2020, it should be easy enough to transition it to the 1099-NEC, No?
ā€ˇFebruary 6, 2021
11:26 PM