topic Re: 1099 NEC in Retirement tax questions

1099 NEC

maryfrerich — Wed, 11 Feb 2026 04:48:49 GMT

I received a 1099NEC from the general contractor and also received a 1099NEC from the title company handling the sale of the house. These two 1099s are for the same job, in the same amount. If I file both, I will be paying taxes twice for the same money received. What do I do?

Re: 1099 NEC

RobertB4444 — Thu, 01 Feb 2024 20:07:18 GMT

You can contact the one that didn't pay you and ask them to correct their 1099 to show the person who actually received the payment. Or you can enter an expense equal to one of the payments and label the expense as "Duplicate 1099" or something like that. Either way you are not expected to pay taxes on the same money twice.

@maryfrerich

Re: 1099 NEC

maryfrerich — Thu, 01 Feb 2024 20:21:50 GMT

where, on the tax form, does the expense get taken? I assume on schedule C line 48?

Re: 1099 NEC

VolvoGirl — Thu, 01 Feb 2024 20:23:53 GMT

Yes line 48 for Other Misc Exp

Continue past Enter Your Business Expenses
Continue past Report Long-Term Care Insurance
Enter the description and amount in Enter Business Expenses Not Yet Reported

Re: 1099 NEC

maryfrerich — Fri, 02 Feb 2024 18:14:04 GMT

the NEC from the general contractor is for all the work I did for them and is higher than the nec from the title company. Do I just deduct the amount that was paid twice from expenses, and if so I really can't just put in "duplicate nec"? Can I put in something like duplicate payment on a 1099NEC? Or what should I put in the description?

Re: 1099 NEC

maryfrerich — Fri, 02 Feb 2024 18:15:38 GMT

Or " 2 NECs for the same Payment"?

Re: 1099 NEC

maryfrerich — Fri, 02 Feb 2024 18:16:45 GMT

Even though the NEC from the general contractor is for a greater amount than the NEC from the title company?

Re: 1099 NEC

MonikaK1 — Sun, 04 Feb 2024 19:08:42 GMT

If you confirmed that the smaller 1099-NEC from the title company duplicates part of the larger 1099-NEC from the general contractor, then yes, you can deduct the amount that is a duplication and state "2 1099s for the same payment" or whatever you think makes the most sense.

The previous replies advised correctly that you should report both 1099's, as the IRS information return matching program will be looking for both forms.

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