Posted 1/27/2019 14:15 (#7276517 - in reply to #7276427) Subject: RE: 1099-patr
Northern Illinois
You owe tax on the $3000. My tax man has me set up a separate account for the $2100. Show it as income but have it in a separate asset account. When coop pays that $2100 in cash (hopefully they pay it) they will write that the $2100 is non taxable because the tax has already been paid.
1099-patr
