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Altemont
New Member

If my 1099-NEC underreports the income paid to me, should I use the incorrect amount or say that I didn't receive a form and enter the correct amount?

 
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2 Replies

If my 1099-NEC underreports the income paid to me, should I use the incorrect amount or say that I didn't receive a form and enter the correct amount?

Yes just enter the total income you received.  

Actually you can just enter it as Other self employment income or as Cash or General income.  You should be keeping your own records.  You don't need to get a 1099NEC or 1099Misc or 1099K.  Even if you did you can enter all your income as Cash.  Only the total goes to schedule C.

 

How to enter income from Self Employment

https://ttlc.intuit.com/community/self-employed/help/how-do-i-report-income-from-self-employment/00/...

Altemont
New Member

If my 1099-NEC underreports the income paid to me, should I use the incorrect amount or say that I didn't receive a form and enter the correct amount?

Thanks, VolvoGirl, you rock!

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