VictorW9
Expert Alumni

Get your taxes done using TurboTax

@dapemon  "And, could I claim as expenses the entire amount of the reported income?" 

You will only be able to do this on a schedule C. It's perfectly okay to report the income on a schedule C and deduct the whole amount as expenses.

 

The new Tax Cuts and Jobs act (TCJA) eliminated the unreimbursed business expenses in 2018. So there is no way around getting any kind of deduction for any expenses, except through a schedule C. 

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