Hello,
I am a small business owner.
Last year, I paid a contractor and sent him a 1099-NEC form.
In the Turbotax Business version, I did not see anywhere I could enter this expense as business expense.
Could you please provide some guidance?
Thank you.
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What are you filing ? 1120, 1120S or 1041
What service did the contractor perform for you?
My business is filing 1065 - Partnership.
Consulting and Commerical broadcasting.
For myself, I was hoping to pass through the business income/loss to my personal tax return 1040.
Deduct as Contract Labor under Other deductions. Deduction will pass to you thru the 1065 K-1
Thank you very much!
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