topic How do I report 1099-NEC on my business taxes? in Business & farm

How do I report 1099-NEC on my business taxes?

bilyana11 — Tue, 10 Feb 2026 09:12:45 GMT

Hello,

I have received 1099-NEC on my business name and I am not sure how to report it on Turbotax Business 2023.

If I enter it as an income will it double the Business Income since is already entered as an transaction on Quickbooks?

VolvoGirl — Mon, 29 Jan 2024 20:27:36 GMT

Yes it will double it. Only enter the income one way from QuickBooks or 1099NEC.

bilyana11 — Mon, 29 Jan 2024 20:36:29 GMT

Thank you for your quick answer. What do I do with this form 1099 then? Just keep it for my records?

ThomasM125 — Tue, 30 Jan 2024 03:45:34 GMT

Yes, keep the form in your records.