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Self employed
The IRS form 1099-NEC's that you created represent expenses recorded against your self-employment income reported on Schedule C form 1040.
As an example, you may have created one 1099-NEC for $1,000 for a plumbing contractor and a second 1099-NEC for $1,000 for an electrical contractor.
The $2,000 in expenses may be recorded under Repairs on your Schedule C form 1040.
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‎February 26, 2023
1:07 PM
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