Simple Service SR
Level 1
02-21-2021
06:28 PM
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CAN SOMEONE TELL ME WHERE TO ENTER INCOME NOT REPORTED ON A 1099
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qbteachmt
Level 15
02-21-2021
06:57 PM
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Being reported on a 1099 or not, has to do with reporting requirements to the tax payer. Not to the rules for the tax payer including it on their tax return.
You can be in business, make $3million gross, and as long as no other business people paid you $600 or more each for services to them, you would never get a 1099-NEC from anyone. You still report the $3million for tax purposes.
You are going to need to provide more details. What sort of income activity?
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"Level Up" is a gaming function, not a real life function.
"Level Up" is a gaming function, not a real life function.
Just-Lisa-Now-
Level 15
02-21-2021
07:30 PM
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Self employment income would be entered on Line 1 of the Sch C.
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