Where to show 1099 expenses on 1120 form


P

purirb123

I have a coprporation and I am doing my company's annual
return. The company is small with alot of computer
consulting work done by using independents on 1099. Where do
I show those expenses in 1120 A form. Should this be treated
as Other expenses? My employee expense(W2) is show in
employee wages(line 13) and my compensation in line 12). Do
not see where do I charge 1099's.
 
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H

Harlan Lunsford

I have a coprporation and I am doing my company's annual
return. The company is small with alot of computer
consulting work done by using independents on 1099. Where do
I show those expenses in 1120 A form. Should this be treated
as Other expenses? My employee expense(W2) is show in
employee wages(line 13) and my compensation in line 12). Do
not see where do I charge 1099's.
Yes, line 26.

ChEAr$,
Harlan Lunsford, EA n LA
Wed 23 Feb 2005
 
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H

Harlan Lunsford

Harlan said:
(e-mail address removed) wrote:
Yes, line 26.
That MAY not be the correct line number, but look for the
"Other deductions" line just above "total expenses."

ChEAr$,
Harlan Lunsford
thu 24 Feb 2005
 

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