qbteachmt
Level 15
09-14-2023
01:28 PM
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"if the 1099-MISC income was supposed to be reported in the Sch K area"
Perhaps reporting it is a duplicate action, though. It depends on what the 1099-Misc is for.
Example 1:
A 1099-Misc is issued by a customer to a medical provider because it is required reporting and is called Informational, for purposes of the IRS. Meanwhile, your doctor's wife, the business data manager, already included it as part of fees for services. So, reporting it again, as if this is separate income, would be an error.
Example 2: It is for rent paid to the doctor by a masseuse who rents a suite in the medical facility.
Again, then; is that rental income already "on the books?"
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