1099-NEC

Forum|Forum|4 years ago
March 27, 2022
15 replies
52 views

I received a 1099-NEC. It was the amount my company paid for my company required flight training. It was the cost of the course I had to take. It was paid directly to the the school not to me. Is this taxable, FED and PA? Thanks.

ZoltanB45

Level 9

It was paid directly to the school and gave you the 1099 because you were the beneficiary. You will have to include the 1099, but will be able to write off the cost of the class, which should equal the 1099 amount.

flyjanl3Author

Level 2

How do I write off the cost of the class? I never received an type of invoice from the training center.

ZoltanB45

Level 9

You would enter the 1099 in the self-employment section. After being asked to describe the business, you enter the income. Then you would be asked about expenses related to the job. There will be a list to select from. Toward the bottom, education would be in the "other miscellaneous expenses" section.