Paid through PayPal for services, receiving 1099. What about fees?

RichO
Contributor
Contributor

I have been providing a service to a company for a few years and I have always been paid by them through PayPal. As of this year they are now going to send me a 1099 for what I was paid.  This will be for the gross amount paid and since I have paid fees out of every dollar, how can I deduct the fees when doing my taxes?

 

I have tried to search for an answer online but every topic I find has to do with being a seller of goods and dealing with fees and shipping. 

 

Any help is appreciated.  Thanks 

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