Do I have to add this on my tax return? I didn't make any money I paid the money I am just not sure how I report that or if I have to on my tax return.
You'll need to sign in or create an account to connect with an expert.
I think you mean that someone performed services for you and you issued them a Form 1099-NEC to report that income of theirs. You don't need to report it on your tax return unless you are reporting business income, in which case you can enter the amount you paid them as a business deduction against the business income.
Thank you!!
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
tdwatsonfinance
New Member
mrug
New Member
Lizzy1217
Level 2
d_skrivanek
New Member
winexxx
Level 2