turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Can i claim expenses from a side job if i did not get a 1099

I only made about $300 from a second job I tried out but I spent about $400 on expenses for the job.  Do I amend my return even though I did not get a 1099 so I can claim the expenses?
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply
PeterM
New Member

Can i claim expenses from a side job if i did not get a 1099

If you've already e-filed your tax return and it was accepted by the IRS, or if you mailed your tax return through the Post Office...then yes, you'll have to amend your tax return to include the income and expenses of the side job. The fact that you had more expenses than income is okay. This will produce a loss on your Schedule C and will reduce your wages from your main job. It is also okay that you didn't receive a 1099 for the side job.

In order to enter the expenses associated with the income, an upgrade to Turbo Tax Self Employed is necessary. Turbo Tax Premier does not support business expenses. The good news is that the cost of the upgrade could be considered to be a business expense to deduct on next years taxes (even if the business is not in operation, the cost of the upgrade is still deductible on next years taxes).

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question