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Level 2
March 26, 2021
Question

1099 NEC

  • March 26, 2021
  • 1 reply
  • 3 views

I did some work for a client and I used a subcontractor for some help. the client issued me a 1099 NEC and I issued a 1099 NEC to my sub but how do I reduce my income for the sub that I paid and 1099 that I issued?

    1 reply

    Level 15
    March 26, 2021

    Deduct that payment as contract labor. It is on line 11 of Sch C. 

    Level 2
    March 29, 2021

    Thanks for the help, that worked