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Updated about 4 years ago,
1099 and tax deductions
I often run into this situation where a handyman job exceeds $600 and therefore necessitates giving them a 1099. However, these people are not too excited to receive a 1099. Complicating matters further, if you hire an unlicensed professional for some odd jobs and they don't have an ITIN or SSN how do you all deduct these expenses on your schedule E taxes for investment properties?