1099 not no populating
My 1099 that are transmitted to the Irs are not showing while I am doing my taxes and is not deducting from my deductions.
My 1099 that are transmitted to the Irs are not showing while I am doing my taxes and is not deducting from my deductions.
Awwww, you gave out 1099NEC to your sub contractors. Did you enter it into your Schedule C under Contact Labor? It doesn't sync from the Quick Employer Forms. What version do you have? Did you already file without the deductions?
That is Contract Labor on Schedule C line 11.
How to enter Contract Labor
https://ttlc.intuit.com/community/entering-importing/help/how-do-i-enter-contract-labor/00/27407
Go to Federal on left
Income & Expenses
Then scroll way down to Business Items
Then click EDIT by the business name and the next screen should be a list of topics,
Business Profile, Income, Inventory/Cost of Goods Sold, Expenses, Assets, and Final Details last.
Under Business Expenses, Click Start or Update by Other common business expenses
Contract Labor is the 5th item in list.
You can either enter the total for all of them or enter each name individually. Only the total goes to schedule C line 11 but it you enter them individually you will have a record and the names will transfer to next year so you won't forget anyone.
Enter your E-mail address. We'll send you an e-mail with instructions to reset your password.