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phillytx
New Member

Can you include mortgage payments as an expense on 1099-NEC income?

 
2 Replies
Bsch4477
Level 15

Can you include mortgage payments as an expense on 1099-NEC income?

If you have a home office a prorated amount of your mortgage interest payments could be deducted as a business expense on Sch C. 

phillytx
New Member

Can you include mortgage payments as an expense on 1099-NEC income?

thanks!
To clarify - interest - not full payments? (which will be taken down to the percentage of the home office?)

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