Firm included a worksheet that shows the fees/taxes they took out. It includes B&O Tax, 50/50 commission split, Franchise Fees, Transaction fees. Can I include these on my schedule C even though my 1099-Misc was the Gross-Fees=Net.
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If the 1099 just shows the net, you would need to know the gross before the expenses were taken out, and add that as your income, then adding the expenses in.
If you do not or cannot figure your gross then you cannot deduct those expenses on your return since you have the net (which already takes those expenses into account).
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