turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

efra1230
New Member

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??

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions

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?

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. 

View solution in original post

1 Reply

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?

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. 

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question