AliciaP1
Expert Alumni

Retirement tax questions

It is more important to report the 1099-NEC in full and adjust the 1099-K information to report the rest of your income.

 

The 1099-NEC may have withholding amounts and the IRS matches the filed 1099-NEC to your return in its review process.  There are a number of reasons the 1099-K may not match exactly so that form is less scrutinized.

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