As an IT / Computer Tech , I purchased computers , monitors , equipment etc . for my clients jobs and I did not make any profit on them , but they were not deducted from 1099-K .
Were can I deduct them on turbo tax ?
01252
1 Replies
PatriciaV
Expert Alumni
Jan 23, 2025 9:00:48 AM
Report these items as expenses for your business so the cost offsets the income reported on Form 1099-K. You can use whatever expense category makes sense to you (materials, supplies, miscellaneous), as long as you are consistent.