turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
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.

villers13
New Member

Received a 1099misc that is the whole amount paid to me but most the the amount is from product not labor being paid. Is this filed in error? If not how do I file?

 
Connect with an expert
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 Best answer

Accepted Solutions

Received a 1099misc that is the whole amount paid to me but most the the amount is from product not labor being paid. Is this filed in error? If not how do I file?

You still file as self-employed since Some of the amount is for labor. When filling out Schedule C for self-employment, you deduct your cost for product, so you're only taxed on labor.

View solution in original post

1 Reply

Received a 1099misc that is the whole amount paid to me but most the the amount is from product not labor being paid. Is this filed in error? If not how do I file?

You still file as self-employed since Some of the amount is for labor. When filling out Schedule C for self-employment, you deduct your cost for product, so you're only taxed on labor.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies