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ay1987
New Member

Can anyone with a 1099 write off expenses, or do they have to hit a certain threshold of income first?

 
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georgesT
New Member

Can anyone with a 1099 write off expenses, or do they have to hit a certain threshold of income first?

You can deduct all expenses related to your self employed business. No threshold is needed.

You have to report your self-employed income and expenses on schedule C. 

See the answer to the following FAQ on how to report your self-employed income and expenses:

https://ttlc.intuit.com/replies/3302122


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1 Reply
georgesT
New Member

Can anyone with a 1099 write off expenses, or do they have to hit a certain threshold of income first?

You can deduct all expenses related to your self employed business. No threshold is needed.

You have to report your self-employed income and expenses on schedule C. 

See the answer to the following FAQ on how to report your self-employed income and expenses:

https://ttlc.intuit.com/replies/3302122


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