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Writing off Fiverr Purchases on My Taxes


aaronkinberg

Question

I own a business and spent a good deal of money this year on data entry services on Fiverr. I need to be able to deduct what I spent on my taxes, but what's the correct way to do that? I believe I would claim it as 'contract labor' but can I technically do that since I didn't issue the person a 1099? Do I just deduct it as 'contract labor' regardless of the 1099? I appreciate your help in advance!

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On 10/8/2021 at 7:38 PM, aaronkinberg said:

I own a business and spent a good deal of money this year on data entry services on Fiverr. I need to be able to deduct what I spent on my taxes, but what's the correct way to do that? I believe I would claim it as 'contract labor' but can I technically do that since I didn't issue the person a 1099? Do I just deduct it as 'contract labor' regardless of the 1099? I appreciate your help in advance!

Wondering why this hasn't been answered yet

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