Can i deduct expenses for work reported on a 1099-MISC?

[SweetieJean]

Yes, and you are actually required to do so.

[VolvoGirl · Accepted solution]

Yes.  A 1099Misc is for self employment income.  You can enter Self Employment Income into Online Deluxe or Premier but if you have any expenses you will have to upgrade to the Self Employed version.

Be sure you are currently in the Self-Employed version or it will prompt you to upgrade to it when trying to enter business expenses. 

Then follow these steps to get to where you need to start entering the details to create the Schedule C for your business expenses. 
* Log into your account and click orange Take me to my return button
* Type schedule c in the Search box in top right corner and hit enter
* Click on jump to schedule c and this should bring you to the Did you have any income and expenses for a business in 2016? screen and you choose Yes there and follow the prompts. Enter your business information and once you get the the Your Business page, scroll down to Business Expenses and start entering your expenses there.
    * If you have already started entering your business information and the jump to schedule c takes you to the page that says Here's the business info we have so far, you just click Edit there.
    * Then scroll down to Business Expenses section on next screen