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bryant-78
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1099-Misc expenses as an independent contractor and not as a business entity

 
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DS30
New Member

1099-Misc expenses as an independent contractor and not as a business entity

When you have 1099-MISC income, it is considered self-employment income whether or not you own a separate business.

Therefore,  you would be able to claim any ordinary and necessary business expense that relate to your self-employment income.

This can include such things as any unreimbursed business miles driven to a client or work location, home office expense if you uses a part of your home exclusively for your job and supplies or equipment used in your work to name just a few.

Please refer to this IRS link for more information about Business Expenses

To enter business income and expenses, once you have signed into your TurboTax Account (for TurboTax Online sign-in, click Here , then select "Take Me to My Return"), type "Schedule C" in the search bar then select "jump to Schedule C".


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