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Get your taxes done using TurboTax
If you received a 1099-Misc with an amount in Box 6 for Medical or Health Care Payments, you can enter the 1099-Misc as Self-Employment Income and enter an equal amount as a Self-Employed Expense.
This way you are reporting the 1099-Misc (the IRS has a copy) and the net tax effect is $0.
Click this link for more info on 1099-Misc for Health Care Payments.
Type 'schedule c' in the Search area and then 'Jump to schedule c' to get to this section.
If you actually paid more in Medical Expenses than the amount on your 1099-Misc, you can enter the excess as a Medical Expense, if you file itemized deductions on Schedule A.
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‎January 19, 2022
3:24 PM