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I ADDED 1099-NEC ON MY TAX RETURN, BUT IT IS SHOWING 1099-K. IS THIS CORRECT?

what is 1099-k
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MindyB
Expert Alumni

I ADDED 1099-NEC ON MY TAX RETURN, BUT IT IS SHOWING 1099-K. IS THIS CORRECT?

No, a 1099-K and 1099-NEC are two different forms. A 1099-K is a report of payments you got for goods or services during the year from credit cards or online marketplaces.

 

Make sure you select the correct option in the choices for "Other Common Income."

 

 

 

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