On the "Your 2021 self-employed work summary" page: Does the 2021 amount for each "line of work" include the deductions for expenses? (The amount does not match 1099-NEC)

rupersl · ‎April 14, 2022

JohnB5677 · ‎April 14, 2022

"Your 2021 self-employed work summary" reflects your net profit. That will be all of the income less all of your expenses. It is probable that it will not match your 1099-NEC.

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JohnB5677 · ‎April 14, 2022

"Your 2021 self-employed work summary" reflects your net profit. That will be all of the income less all of your expenses. It is probable that it will not match your 1099-NEC.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

rupersl · ‎April 18, 2022

Thank you!!!!

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On the "Your 2021 self-employed work summary" page: Does the 2021 amount for each "line of work" include the deductions for expenses? (The amount does not match 1099-NEC)