lily5
Level 1
03-02-2023
12:21 PM
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IRS keeps sending our clients letters stating that they owe money on a 1099-K that wasn't claimed even though it's being added together on the income on Sch C. Where the 1099-NEC/MISC go, please add a tab where 1099-Ks can be completely added, so we can stop responding that these people don't owe this money. It's very time consuming and frustrating.
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George4Tacks
Level 15
03-02-2023
05:03 PM
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It would not stop the chaos. It will take IRS years to figure out their own instructions.
Answers are easy. Questions are hard!