MinhT1
Expert Alumni

Get your taxes done using TurboTax

You only report your form 1099-NEC on your tax return. This is self-employment income and you can deduct ordinary and necessary business expenses from this income.

 

For form 1099-MISC, the check mark in box 7 only indicates that you bought more than $5,000 of goods for resale from Norwex. This is not reported directly on your tax return. This is reflected in the purchases that you report for your Norwex business.

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