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posted Jun 6, 2019 12:55:20 PM

I got a 1099 misc from a business that contracted me to clean businesses for 8000. I only received 6000. They Charged 2000 for supplies. Is this correct?

Why are they charging me 2000 in supplies they provided??? I could of found cheaper!! Can I deduct the 2000?? Can they do that??

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1 Best answer
Level 15
Jun 6, 2019 12:55:21 PM

They should have issued you a 1099Misc for what they actually paid you, the $6,000.

It is very difficult however to get companies to reissue the 1099's (which they should do), so report the total 1099Misc amount and deduct the $2,000 as a supply expense. 

IRS matches these documents to the return so if not reissued, they will be looking for the $8,000 on your return when they match up these documents. 

1 Replies
Level 15
Jun 6, 2019 12:55:21 PM

They should have issued you a 1099Misc for what they actually paid you, the $6,000.

It is very difficult however to get companies to reissue the 1099's (which they should do), so report the total 1099Misc amount and deduct the $2,000 as a supply expense. 

IRS matches these documents to the return so if not reissued, they will be looking for the $8,000 on your return when they match up these documents.