AliciaP1
Expert Alumni

Self employed

Since you cannot do your job without the access to this membership, this is indeed considered compensation and is correctly reported on the 1099-NEC.  You, however, also have the expense of the membership in order to perform your services. 

 

You need to report the 1099-NEC as self-employed income and the same amount as a Subscription Expense for the business.  

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