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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.
‎June 25, 2023
10:18 AM
1,782 Views