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kathy-102
Level 2

I received a 2018 1099-misc for client payments to me, but I didn't receive part of total until 2019. How do I report the correct amount for 2018 in T.T. Home & Business?

 
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DDollar
New Member

I received a 2018 1099-misc for client payments to me, but I didn't receive part of total until 2019. How do I report the correct amount for 2018 in T.T. Home & Business?

Enter the total amount on the Form 1099-MISC.  Add an expense under "Other Expenses" for the amount reported on the Form 1099 but not received in 2018.  Be sure to report that income on your 2019 tax return.

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DDollar
New Member

I received a 2018 1099-misc for client payments to me, but I didn't receive part of total until 2019. How do I report the correct amount for 2018 in T.T. Home & Business?

Enter the total amount on the Form 1099-MISC.  Add an expense under "Other Expenses" for the amount reported on the Form 1099 but not received in 2018.  Be sure to report that income on your 2019 tax return.

View solution in original post

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