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M
mzyum
February 16, 2025
Question

outgoing 1099-nec where

  • February 16, 2025
  • 1 reply
  • 0 views
report 1065 pass-through

    1 reply

    M
    MinhT1
    February 16, 2025

    If you paid a contractor in the course of your business and issued a form 1099-NEC, you can report it as a business expense on form 1065. You can categorize it according to the nature of the expense (for example Repairs and maintenance on line 11). 

     

    You can also list on line 21 - Other deductions and describe it as Payments to contractors.

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