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March 16, 2023
Question

Where do I list 1099-NEC forms on my taxes, that I filed for expenses that I paid for a partnership?

  • March 16, 2023
  • 1 reply
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This would be from the sale of an asset that the partnership owned.

1 reply

March 16, 2023

The NEC in the form stands for 'non-employee compensation'.  It is used to show self-employment income paid to contractors.  So you will enter it as self-employment income under Wages and Income and then you will have the opportunity to enter the matching expenses.

 

@wbratt_1 

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