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New Member
posted Jan 28, 2023 9:55:54 PM

If my self-employment contract includes an allowance for administrative fees, is that considered part of my income?

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1 Replies
Expert Alumni
Jan 29, 2023 6:04:18 AM

Include your allowance in your income. It will probably be included in your 1099.

 

You can deduct the amount you paid for administrative fees as a business expense so it would net out to $0.