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H1-B W2 employee + 1099 music royalties. What are my options about deductions?
Hi,
I'm under an H1-B visa.
I received a W2 from my employer. I'm in Music.
But I also received a 1099-MISC and 1099-NEC from past jobs (pre H1-B). That are music royalties for licensing of my music.
My question is: Can I deduct any music software, musical instruments, microphones, etc.. from my 1099s? As they are passive income even if both my W2 and 1099 are kind of the same jobs.
I wouldn't want to double deduct thing and get an audit.
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‎February 27, 2021
7:09 PM