TurboTax

File with experts
File your taxes
Experts at your fingertips

An expert helps with your taxes, or does them for you
TurboTax Expert Full Service

TurboTax Expert Assist

TurboTax Self-Employed
Prior year taxes
File myself
File myself
Do it yourself

We'll guide you step-by-step
TurboTax Do It Yourself

TurboTax Self-Employed

TurboTax Desktop
TurboTax Free

Activate your product

Prior year taxes
Business
Business
Business taxes

Get your T2 corporate return done right, your way
TurboTax Business

TurboTax Business Desktop
Tax situations
Tax situations
Tax situations

Find extra guidance for your big life moves
For investors

For 25 and younger

For self-employed

For new to Canada

For life changes
Resources
Resources
Resources

Explore tax tools, get tips, and read reviews
Personal income tax calculator

RRSP savings calculator

Learning hub

TurboTax support (FAQ)

TurboTax community
Pricing

Level 2

Solved

Deducting Payments I received

4 replies
49 views

I received a 1099-NEC for caregiving but I spent all the money in addition to my own money to take care of the disabled adult. Looking at Schedule 1 can I deduct that amount on line 8a? Because the money was paid out to take care of him, and not to me

Alumni - Intuit

Expert Reviewed

1099-NEC income cannot be deducted by an entry on line 8a of the Schedule 1 of the IRS Form 1040.

The IRS presumes that 1099-NEC income is self-employment income that is subject to:

Self-employment income computed on Schedule SE. as well as
Income tax computed on IRS Form 1040.

The IRS expects 1099-NEC income to be reported on a Schedule C of the IRS Form 1040. If you had ordinary and necessary business expenses, they may be deducted on Schedule C.

It is possible that your income could be offset entirely by ordinary and necessary business expenses reported on Schedule C.

See also here.

**Say "Thanks" by clicking the thumb icon in a post. **Mark the post that answers your question by clicking on "Mark as Best Answer"

Level 15

Please provide more details. Are you a professional caregiver? is the adult related to you?

Carlton11Author

Level 2

I am Being Paid caregiver payments by my divorced spouse. the Adult is my disabled son who is 23 Years old

Carlton11Author

Level 2

I am being paid through a payroll company because I did not want to give him my banking Information

Alumni - Intuit

Expert Reviewed

1099-NEC income cannot be deducted by an entry on line 8a of the Schedule 1 of the IRS Form 1040.

The IRS presumes that 1099-NEC income is self-employment income that is subject to:

Self-employment income computed on Schedule SE. as well as
Income tax computed on IRS Form 1040.

The IRS expects 1099-NEC income to be reported on a Schedule C of the IRS Form 1040. If you had ordinary and necessary business expenses, they may be deducted on Schedule C.

It is possible that your income could be offset entirely by ordinary and necessary business expenses reported on Schedule C.

See also here.

**Say "Thanks" by clicking the thumb icon in a post. **Mark the post that answers your question by clicking on "Mark as Best Answer"