Hi, I have an LLC and one of my clients pays by credit card and therefore doesn't do a 1099-NEC form. How do I report my income without a 1099? Or do I need to?

Forum|Forum|5 years ago
March 12, 2021
2 replies
19 views

No text available

TurboTax Self Employed Online

Anonymous_

Level 15

You need to report the income even if you do not receive a tax reporting statement such as a 1099.

Report it as "general income" in the Business Income section of the program.

Opus 17

Level 15

You are required to keep accurate business records of your income and expenses and report all your income, even if you do not receive tax paperwork from some of your clients or customers.

Hi, I have an LLC and one of my clients pays by credit card and therefore doesn't do a 1099-NEC form. How do I report my income without a 1099? Or do I need to?

2 replies

Unlock tailored help options in your account

Get answers to all your tax questions

Unlock tailored help options in your account

Get answers to all your tax questions

Sign up

Login with SSO

Let's get you signed in

Login with SSO