Should I subtract 1099-NEC amounts from my Quickbooks Gross Income, since these payments were recorded using Quickbooks invoicing?

[bkcanady]

When filling out income, Turbotax asks for 1099-NEC info but I think it's already included in the Quickbooks Gross Profits because I invoice all my customers. So should I subtract 1099-NEC info from Gross Profits and enter 1099-NEC , or skip entering 1099-NEC info? Confused in Columbus!

[Critter-3]

Ok ... all you need to enter is the total income ... you can skip using the 1099-NEC screens as it is there only for your use ... all the IRS wants is the total income on the Sch C.  Entering in the income in pieces is NOT required ... so if you have the total just enter the total in the other income section. 

 

[bkcanady]

Thank you so much! That's what I was thinking, otherwise, I would be counting the 1099's twice.

[Critter-3]

Correct.  Since you are keeping good records you don't need to use that breakdown section ... just enter the total once.