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February 24, 2021
Question

Can you include mortgage payments as an expense on 1099-NEC income?

  • February 24, 2021
  • 1 reply
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1 reply

Employee
February 24, 2021

If you have a home office a prorated amount of your mortgage interest payments could be deducted as a business expense on Sch C. 

phillytxAuthor
February 24, 2021

thanks!
To clarify - interest - not full payments? (which will be taken down to the percentage of the home office?)