Open TurboTax

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
cancel
Showing results for 
Search instead for 
Did you mean: 
reneeshields
Returning Member

Side gigs and tax write-offs

I will be working as an independent contractor for my brother and receiving a 1099-MISC. I also will be receiving a 1099-K for reselling items for profit. 

 

My question is this. I live with my mother and take up a considerable amount of her house as storage for the items I resell. Can I claim the office space as a deduction even though I don't pay her mortgage? What about other expenses like a portion of the utilities?

 

If I only can do this if I am paying her rent then does she have to claim the rent as income?

1 Reply
Bsch4477
Level 15

Side gigs and tax write-offs

You can’t claim a deduction when you didn’t have an expense. If you pay rent she would report the income. 

About Community

Learn about taxes, budgeting, saving, borrowing, reducing debt, investing, and planning for retirement.

3.46m
Members

2.57m
Discussions

Manage cookies
v