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March 22, 2024
Question

1099-NEC deducted from business income

  • March 22, 2024
  • 2 replies
  • 0 views

Hello,

I am a small business owner.

Last year, I paid a contractor and sent him a 1099-NEC form.

In the Turbotax Business version, I did not see anywhere I could enter this expense as business expense.

Could you please provide some guidance?

Thank you.

2 replies

Employee
March 22, 2024

What are you filing ?  1120, 1120S or 1041

wseanxyAuthor
March 22, 2024

My business is filing 1065 - Partnership.

Employee
March 22, 2024

What service did the contractor perform for you?

wseanxyAuthor
March 22, 2024

Consulting and Commerical broadcasting.