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Retirement tax questions
1099-NEC income should display on Schedule C of the return as long as the questions setting up the Schedule C are completed, especially ownership
Why am I not able to link my 1099-NEC
Thank You for your patience
Beginning with the 2020 tax year, the IRS will require business taxpayers to report nonemployee compensation on the new Form 1099-NEC instead of on Form 1099-MISC. Businesses will need to use this form if they made payments totaling $600 or more to a nonemployee, such as an independent contractor. This was done to help clarify the separate filing deadlines on Form 1099-MISC and the new 1099-NEC form will be used starting with the 2020 tax year.
If you are still unable to see your 1099-NEC income showing on Sch C, please refer to the following:
can't see 1099-NEC income on Schedule C