Beachkids5
Level 3
4 weeks ago
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
I have a self-employed cosmetologist - no 1099nec or reporting form. She had $15,055 in tip income included in gross. I entered on E6 of Schedule C which changed the QBI but don't see the tips deduction on Schedule 1-A as instructions say.
Labels
Level 15
4 weeks ago
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
If not on 1099 not eligible for no tax on tips. Not saying it is correct, but I am just listing tips as other expense for my clients in similar situation as yours
sjrcpa
Level 15
4 weeks ago
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
@Beachkids5 You're late to the party. One of the discussions
https://proconnect.intuit.com/community/*/*/*/00/341700
The more I know the more I don’t know.