1099 NEC for S Corp to Individual

Forum|Forum|11 months ago
April 30, 2025
2 replies
0 views

I have a 1099 NEC using my person ss#. All checks get deposited to my S Corp. What is the best way to report on the 1120s?

S-Corp

SharonD007

You can report the income on your S-Corp tax return but keep the documentation in the event that the IRS sends you a notice saying that you didn't report that income on your person return.

**Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"

AmeliesUncle

You first need to determine if it belongs on the 1120-S. You can't arbitrarily assign income to it.

Did the corporation do the work? Was the contract/agreement between the client and the corporation, or was it between the client and you? Were the invoices to the client sent by the corporation and were the payments from the client made out to the corporation?