Skip to main content
May 5, 2025
Question

What all am I able to deduct on taxes with form 1099 NEC if I am not a business, but an individual who did reviews for amazon?

  • May 5, 2025
  • 1 reply
  • 0 views
I am part of a review program for amazon. We get items in exchange for review, but those items come with a price tag that we get at the end of the year via a 1099 NEC. Am I able to deduct anything? Like a phone bill, or internet, electricity.. etc?

1 reply

May 5, 2025

You are considered self employed and report income and expenses on Sch C. Expenses can include a business percentage of internet costs and cost of medical premiums for a personal medical coverage policy if otherwise eligible.