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You can deduct as expenses as much as you have against the $767 income from the 1099-MISC. Meaning you could have more expenses involved that the income earned.
These expenses needs to be documented and be part of earning this income.
The following IRS information may e helpful:
https://www.irs.gov/newsroom/reduce-your-taxes-with-miscellaneous-deductions
You can deduct as expenses as much as you have against the $767 income from the 1099-MISC. Meaning you could have more expenses involved that the income earned.
These expenses needs to be documented and be part of earning this income.
The following IRS information may e helpful:
https://www.irs.gov/newsroom/reduce-your-taxes-with-miscellaneous-deductions
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