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Independent Contractors
In the section "Enter independent contractor payments" does that include both 1099 payments and those that did not meet the $600 threshold? Also, will I not also be deducting it as a repair expense and in some cases depreciating the replacement? For example, a $10k roof replacement; it is a $10k 1099 to my roofer and an item that gets depreciated. Also, a $500 payment for yard services, it is a maintenance expense but not a 1099. But both independent contractors.
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March 7, 2022
11:18 AM