If I’ve already recorded business income and then receive a 1099-NEC, should I enter it in TurboTax (married filing jointly), or would that count as double income?

@doblaje-arias  If you recorded your business income properly, the amount on the 1099-NEC will almost always already be included in your total business income for the relevant year.

You definitely should report the 1099-NEC on your income tax return. The IRS expects to see it on your return, and if they do not, they will add it for you.

As an example, if you had $100,000 in business income and a $40,000 1099-NEC, but reported the $100,000 in income without reporting the 1099-NEC, the IRS would adjust the income on your return to be $140,000.

I'm not particularly familiar with the TurboTax program; use TaxSlayer myself. Regardless, to continue the example above, you would break your income down into Cash and Checks of $60,000 and a 1099-NEC of $40,000 to total to the $100,000 in business income.

Thank you for reaching out regarding your concern about handling 1099-NEC forms while preparing your taxes with TurboTax, @doblaje-arias. I understand that managing these details can be confusing, especially after you've already recorded your business income. Your concern about the potential for reporting double income is valid. Moreover, I agree with @FishingForAnswers response, which clarifies this process effectively, and I will include additional recommendations for further guidance.
 

I highly suggest that you reach out to your tax agency for assistance. They can give you clear advice based on your specific situation. They have the expertise to help clarify any questions regarding the 1099-NEC forms and ensure that you are meeting all compliance requirements, which can ultimately prevent any potential issues down the line.
 

In addition to this, you can easily export your data to TurboTax Self-Employed, saving you time and minimizing data entry mistakes. To learn more about it, check this resource: Send QuickBooks Self-Employed tax info to Turbo tax Self-Employed or Live.
 

If you have additional questions or clarifications about 1099-NEC or other tax forms, please add them in the comments below. Your concerns are important to me, and I aim to ensure you have a seamless experience with the program while providing the right answers you need. Wishing you all the best!

I appreciate both responses, but as @FishingForAnswers mentioned, they are not familiar with TurboTax. In fact, I’ve already done the export from QuickBooks to TurboTax before (and was planning to do it again now), which is exactly why I have this question.
Since QuickBooks Self-Employed will export my total income—including the amount already recorded under business/income—and I will later add the 1099-NEC in TurboTax, how does it not end up being counted twice?

I have this same question, but I am wondering about 1099K and 1099MISC. QBSE transfers all my income over, so it seems like I will be duplicating my reporting if I also report what is on the forms. 

If we follow what Fishing suggests, then we would need to subtract our form totals from our QB import income total. That seems unnecessarily complicated, but I'm glad to do it if that is the thing to do.

ANyone? I don't want to pay Intuit for live service fees this year, when I have already paid more than $500 for my QB/Turbo Tax package. 

Hi there, SelfEmployedUser1. Let me provide you with the details about recording your income.

When filing your taxes using TurboTax, even if you have already recorded your income in QuickBooks Self-Employed (QB SE). You should still enter the specific details from your 1099-NEC form.

Since you marked the income as business income in QuickBooks Self Employed (QB SE), the system has tracked the corresponding income amount you received. When you integrate QuickBooks with TurboTax or manually enter your income information in TurboTax, it is essential to specify that this income has already been accounted for in your business records.

 In TurboTax, they can match these income records to the entries on the 1099-NEC to avoid double-counting your income. Please ensure the income totals in QuickBooks Self-Employed match the sum of all 1099-NECs and any other income.

This total should be reported as your gross business income in TurboTax. If you're uncertain, consulting with a tax professional can further help align their tax reporting accurately.

For guidance on entering your self-employed tax information into TurboTax Self-Employed, please consult this article: Send QuickBooks Self-Employed tax info to TurboTax Self-Employed.

For more clarifications about recording your income, please don't hesitate to reply to this thread below.  

Its amazing no one can answer this question. Does it duplicate or not? Do I remove my income from quickbooks and just add my 1099's? Yes or no? 

Hello there, Eva177. I'm here to clarify things about recording your business income.

If you've already recorded your business income in QuickBooks Self-Employed (QBSE) and are transferring this data to TurboTax, you don't need to enter the income from your 1099-NEC again. This prevents any double-counting of your income.

It's also a good idea to consult with your accountant to confirm that all income is accounted for correctly without duplication.

Additionally, please refer to this article to manage transactions you download from your bank or enter into QuickBooks: Categorize transactions in QuickBooks Self-Employed.

If you have more questions about handling your business income or any other questions about QuickBooks, please don't hesitate to return to this thread, Eva177. We're here to assist you in every way possible.

yea this has been so confusing for me as well... and i was wondering if you figured it out and what you did