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Schedule C Error?

I have a single 1099-NEC for $600 that needs to be entered into Schedule.  Turbotax populates that information in two places, "Gross Receipts or Sales NOT Reported on a 1099-NEC or 1099-MISC" and also on "Enter Gross Receipts or Sales Reported on a 1099-NEC." Because it shows up twice, I end up with $1200 total rather than $600.  Is this an error?  If so, how can I fix it?  This will presumably result in me being charged more in taxes.

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1 Best answer

Accepted Solutions

Schedule C Error?

review the entries you made. it is likely, the $600 got entered twice.

you can use

1099-NEC or

1099-MISC - linked to schedule C por

or enter on the line for 1099 not received 

 

but use only one.

using 1099-NEC or 1099-MISC is not required. they're really for your records only. the amounts on them get transferred to the applicable form but none of the details are sent o the IRS 

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3 Replies
RayW7
Expert Alumni

Schedule C Error?

Yes, you should only report the income from the 1099-NEC in Schedule C.  This should total $600 as reported. 

 

-follow this link for additional information-

How to File Taxes with IRS Form 1099-NEC - TurboTax Tax ...

 

 

Schedule C Error?

review the entries you made. it is likely, the $600 got entered twice.

you can use

1099-NEC or

1099-MISC - linked to schedule C por

or enter on the line for 1099 not received 

 

but use only one.

using 1099-NEC or 1099-MISC is not required. they're really for your records only. the amounts on them get transferred to the applicable form but none of the details are sent o the IRS 

Schedule C Error?

That's what it was.  Thanks.

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