AliciaP1
Expert Alumni

Self employed

If you received a Schedule K-1 from a partnership or S-Corporation that you have ownership in, you should not have received a 1099-NEC.  You need to contact the business and let them know to void the 1099.

 

See What is a Schedule K-1 Tax Form? to see how the K-1 gives you all the information about your income from the business.

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