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suntanjam
New Member

1099 NEC included products I purchased for jobs along with my labor

Hi,

I'm a handyman and I received a 1099 NEC from a property management company. Along with my labor charges, the total they claimed also included parts and materials I purchased for the jobs which I already paid sales tax on. Is there a way to deduct the parts and materials from the total they claimed? It seems crazy to have to pay taxes on parts and materials I already paid sales tax on. 

 

Thanks in advance!

John

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2 Replies

1099 NEC included products I purchased for jobs along with my labor

Deduct those expenses as supplies when you complete your Sch C. 

Carl
Level 15

1099 NEC included products I purchased for jobs along with my labor

Since you'll be reporting this on SCH C as a part of your personal 1040 tax return, enter the 1099-NEC exactly as printed in the business income section. Then you'll deal with your costs in the business expenses section.

 

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