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- S Corp that is a 1120 and has 1099-NEC
S Corp that is a 1120 and has 1099-NEC
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MRG
Level 2
Saturday
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Can you please help me and let me know what part of the 1120 should I enter the 1099-NEC and their expenses?
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jeffmcpa2010
Level 11
Saturday
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I would ignore the 1099 and enter the actual activity of the business.(so long as you are reporting revenue at least equal to the 1099, (and it should only be equal if the 1099 is the only revenue))
