Ostroff, Fair and Company
*Ostroff, Fair and Company>>>United States Taxes

My question is when we fill out the schedule C it adds the 1099 income twice. Is this correct?


The program is adding the income from our 1099 and schedule C....so it's doubled?

No, that's not correct. However, it sounds like you're recording the 1099 income on the "Other Income" line you your Form 1040. Do NOT put it there! Only list it on Schedule C.
that's not correct
Where are you putting the 1099 in twice? It should only go in once on your receipts line 1.
http://www.irs.gov/pub/irs-pdf/f1040sc.p...
What program? Turbo Tax had a bug where it was showing the income from the 1099 twice, but it was actually only added in once. The latest updates fixed it. I encountered that problem.
Tags
Other - Business & Finance Other Taxes United States Taxes United Kingdom Taxes Spain Taxes Singapore Taxes Mexico Taxes Ireland Taxes
Related information
  • Monthly Train Pass Expenses - Are they Tax deductible?My employer doesn't provide transit checks.?
  • If my wife files medical deductions, (married filing separately) but not for me, can I file my own medicals?
  • California tax return form 1099-g?
  • How do you file exempt on your taxes?
  • Is there any place where i can file my taxes and get my return directly from the people i file them through?
  • Tax refund for a 1040?
  • Filing jointly or single?
  • How can i find info about my tax returns?
    • 　

    Finance Categories--Copyright/IP Policy--Contact Webmaster