I have few clients that send me 1099 NEC forms. I have already counted this income in my sales, do I just disregard this form then or subtract from income?
I have few clients that send me 1099 NEC forms. I have already counted this income in my sales, do I just disregard this form then or subtract from income?
As long as your bookkeeping can document the income you do not have to post them. However, if you want to avoid the potential questions you can post the 1099-NECs and deduct it from the other income.
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