joose2028
New Member

Self employed

i did not pay for the items.  amazon vine program i did product reviews and at year end they sent me a  1099-NEC.  In  box 1  they listed it as non-employee compensation.  example  theysent me a light fixture, i put it in my home and wrote areview about the product.  in the 1099-NEC itemized list of all products i received for year 2022 that perticular  light was listed at $209.00.   so they sent it to IRD as $209.00 product i received (not money)   i found it advertized online for $189.00.  so all products i reviewed so my 1099-NEC showed  over $29900 in products I've kept and reviewed.  but I have copies that i could have bought those items for less and true value would be less than $25,000.  shouldnt i be able to claim an adjustment to true value not what amazon charges?  (example in past years if i won cruise from a manufacturer and was 1099-misc for $6000 but i showed proof the exact same cruise was only $4000 if I booked it myself i was able to lower the tax amount to the $4000) thanks for help