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New Member

If i collected $30000 on a 1099 but $14000 of that was paid out to DMV for title fees, how do I deduct?

 
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Level 15

If i collected $30000 on a 1099 but $14000 of that was paid out to DMV for title fees, how do I deduct?

Simple ... income on Sch C of $30K and expenses of $14K and the program will net it out automatically.