YoungCPA
Level 3

TaxGuy...Thank you!  yes, that is another issue when they do things incorrectly.  I find there are plenty of owners out there of C's that completely don't have an idea of how money should flow in and out, noone has told them either.

Anyway, I've already sent in an amendment to the 2018 1040.  Would you send another amendment in to reflect the amounts on Schedule C as you suggested with an offset to expense?  Or, can I ask the issuers of the 1099's to issue corrected 1099's with zero balance in Box 7 for 2018 and 2019, or is it too late to do that?  Trying to do this the cleanest way possible.

Thank you for your help.  I'm new to C filings and trying to get them right the first time!

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