Question

I (self contractor) issued a Form 1099-MISC. to a self contractor that help me during last year

Forum|Forum|5 years ago
May 6, 2020
1 reply
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I am a self contractor and for the first time, I hired a contractor during last year. I issued his 1099 but when I completing my taxes the only place to deduct what I paid him is under labor or contractors and when I put the total is not giving me the credit of the total that I paid him.... can someone help

VictoriaD75

You would include these 1099-MISC payments to independent contractors as contract labor under Other Common Business Expenses.

This deduction will be appear on line 11 of Schedule C, if you are a sole proprietor. It will be included in total business expenses on line 28, reducing income and affecting final business net profit/loss on line 31.

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