https://ttlc.intuit.com/community/taxes/discussion/form-1099-misc-question/01/119243#M50218 <P>A subcontractor charged me $1000 to do some work for my company. &nbsp;He charged $200 worth of material on our account at the lumber store, so I deducted that from what I owed him and wrote him a check for $800. Question is do I issue a 1099-MISC for $1,000 or $800?<BR /></P> Sat, 01 Jun 2019 05:36:50 GMT arndtco 2019-06-01T05:36:50Z https://ttlc.intuit.com/community/taxes/discussion/form-1099-misc-question/01/119243#M50218 <P>A subcontractor charged me $1000 to do some work for my company. &nbsp;He charged $200 worth of material on our account at the lumber store, so I deducted that from what I owed him and wrote him a check for $800. Question is do I issue a 1099-MISC for $1,000 or $800?<BR /></P> Sat, 01 Jun 2019 05:36:50 GMT https://ttlc.intuit.com/community/taxes/discussion/form-1099-misc-question/01/119243#M50218 arndtco 2019-06-01T05:36:50Z https://ttlc.intuit.com/community/taxes/discussion/800-make-sure-you-keep-the-lumber-receipt-because-you/01/119249#M50221 <P><B>$800.</B> &nbsp;Make sure you keep the lumber receipt, because you now claim that as an expense on your business. &nbsp;($800 pay plus $200 lumber you provided equals $1000 of his invoice). &nbsp;If he insists that he is claiming the lumber, then the 1099 would be for $1000. (And let him deal with the paperwork).<BR /></P> Sat, 01 Jun 2019 05:36:52 GMT https://ttlc.intuit.com/community/taxes/discussion/800-make-sure-you-keep-the-lumber-receipt-because-you/01/119249#M50221 DanielV01 2019-06-01T05:36:52Z