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May 8, 2021
Question

Received 1099-misc and 1099-nec for same income

  • May 8, 2021
  • 1 reply
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My wife received a 1099-misc and 1099-nec from her vendor.  Both are for the same amount which is the total income she received from that vendor.  When I enter both onto the tax form it doubles her earnings.  Should I enter one and not the other onto the tax form?  If so, which should I enter?  Not sure what to do.

    1 reply

    May 8, 2021

    I understand that the 1099-NEC replaces 1099MISC,  I also have a similar situation, and based on the info I got, I am using 1099-NEC only.