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Level 2
posted Jun 4, 2019 5:09:08 PM

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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1 Best answer
Expert Alumni
Jun 4, 2019 5:09:09 PM

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.

1 Replies
Expert Alumni
Jun 4, 2019 5:09:09 PM

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.