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June 6, 2019
Question

Can I deduct business expenses if I receive a 1099?

  • June 6, 2019
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June 6, 2019

If you receive a form 1099-MISC with an amount in box 7 - Non-employee compensation, you are considered as self-employed. If you have expenses that are ordinary and necessary to your self-employed work, you can deduct them as business expenses.

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