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As an Independent contractor where to deduct fees paid to a company that you get work from
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As an Independent contractor where to deduct fees paid to a company that you get work from
As independent contractor you will be entering your income and expenses on a Schedule C in the Self-employment income and expenses under the Income & Expense heading.
After entering the 1099-Misc information under the Income section you will enter your expenses. Select Add expenses for this work. You would then go through the listing of expense categories and select those that pertain to your business.
If the payment to the companies are commissions, select Commissions - Other commissions.
Another area to enter the payment amount would be the Other Miscellaneous Expense - Other Miscellaneous Expense Section. You would enter the amount of the payments and a description of the expense.
**Mark the post that answers your question by clicking on "Mark as Best Answer"
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As an Independent contractor where to deduct fees paid to a company that you get work from
As independent contractor you will be entering your income and expenses on a Schedule C in the Self-employment income and expenses under the Income & Expense heading.
After entering the 1099-Misc information under the Income section you will enter your expenses. Select Add expenses for this work. You would then go through the listing of expense categories and select those that pertain to your business.
If the payment to the companies are commissions, select Commissions - Other commissions.
Another area to enter the payment amount would be the Other Miscellaneous Expense - Other Miscellaneous Expense Section. You would enter the amount of the payments and a description of the expense.
**Mark the post that answers your question by clicking on "Mark as Best Answer"
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