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mytax6790
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I received a 1099 for 2021 that has compensation that I included in my taxes last year, can I just deduct that amount from this year's form?

 
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1 Reply
JohnB5677
Expert Alumni

I received a 1099 for 2021 that has compensation that I included in my taxes last year, can I just deduct that amount from this year's form?

How did you account for it last year?  

 

Did you file a substitute 1099-R?  If the information is the same you can simply save it for your records.  If the IRS questions it you can refer to the previous years filing.

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