Can I write off freelancer subcontractors?

Business Expensesfreelancerssmall businessconsultantscontractors

Payments made to subcontractors for services directly related to your business are deductible as business expenses. This is applicable if the subcontractors are not employees and you have issued them a Form 1099-NEC if payments exceed $600 in a year. Ensure that the subcontractor relationship is properly documented and that the expenses are ordinary and necessary for your business operations.

FAQPrivacyTOS