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carlhua
Returning Member

1099-MISC BOX 3 - Can I still deduct expenses

Can you deduct business expenses if the 1099 received only has box 3 filled. I heard its "other income" and therefore you cannot deduct business expenses
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1 Reply
MaryK4
Expert Alumni

1099-MISC BOX 3 - Can I still deduct expenses


Yes, if you received the income for a self-employment, you can include the income and expenses on Schedule C.  If it was not a business (with intention of making profit), you can no longer deduct the expenses.  They were a Miscellaneous Itemized Deduction which was ended in 2017.

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