we,as a partnership, issued a 1099 misc as non employee compensation. where do we deduct that amount on a partnership return? is it under salaries/wages or under other deductions, or where?
Generally speaking, "Outside Services" is the category to be used for all payments made to non-employees for all entities that include Sole Proprietorship businesses, Partnerships, LLC's or Corporations.
I am assuming that you have issued a 1099-Misc to that non-employee as well! If you have not, please contact your Tax Advisor/CPA to issue one immediately to avoid possible penalties for non-filing of this report, especially if the total payment to that non-employee is greater than $600.
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