LYNDAJZ6
Level 3
03-27-2022
01:44 PM
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How handle on a Schedule C if you receive a 1099-NEC and that same income is reported as part of 1099-K?
For example, receive a 1099-NEC for $1,000.
Receive a 1099-K for $50,000.
$1,000 of that $50,000 is the amount reported on the 1099-NEC.
Thanks!
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