Deductions & credits

OK ... listen up ... this will happen in one of 2 ways depending on how the business owner ( NOT employer) that you have contracted with  handles the 1099 that is issued to you  ...so talk to them  ...

 

Either you get a 1099 for the GROSS income you earned then you get to deduct the "booth rent" you pay  as an expense since it is included  in the income figure reported     

 

OR

 

You get a 1099 for the NET income after the "booth rent" has been withheld so you have nothing to deduct a second time.