Client received a 1099-NEC with capital gains. When I put the gain into Sch D it also shows as income from the 1099. How can I put it into Sch D without showing it in the 1099-NEC. Can I not show the 1099?
As it is now I have twice the income. Capital gain and 1099 income.
What should I do?
Who/Why issued them an NEC for capital gains?
sounds like you need to get a corrected 1099-nec
You have clicked a link to a site outside of the Intuit Accountants Community. By clicking "Continue", you will leave the community and be taken to that site instead.