Can I just not report the 1099-NEC because it's not my income, or can I report it but not pay taxes on it? I also received a 1099-MISC for the same types of payments, but could opt to say none of it was taxable. No such luck with NEC. Help!
You will need to report both the 1099-NEC and 1099-MiSC and then subtract out the income. To report the 1099 NEC and 1099-MISC.
Now to subtract out the income.
Does this guidance apply to the desk-top CD Deluxe version? Thanks.