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Should 1099misc include travel reimbursement as income?

I am a consultant and one of my clients included travel reimbursements as income on my 1099MISC. The others did not. Should 1099misc include travel reimbursement as income?

Thanks.

Mohan

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1 Best answer

Accepted Solutions
TomD8
Level 15

Should 1099misc include travel reimbursement as income?

Yes - but remember you can then deduct your allowable travel expenses as a business expense.

**Answers are correct to the best of my ability but do not constitute tax or legal advice.

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4 Replies
TomD8
Level 15

Should 1099misc include travel reimbursement as income?

Yes - but remember you can then deduct your allowable travel expenses as a business expense.

**Answers are correct to the best of my ability but do not constitute tax or legal advice.
mulox
New Member

Should 1099misc include travel reimbursement as income?

I am in the same situation... so my question is, by my client including reimbursement on the 1099-MISC, how does this impact my tax burden since I have to now deduct those amounts as expenses?  Will I pay more in overall taxes, or is it the same as if it were not included?
jared123
New Member

Should 1099misc include travel reimbursement as income?

Same question.  It's showing as income, when it isn't.  Deductions don't reduce your tax burden dollar for dollar.
TomD8
Level 15

Should 1099misc include travel reimbursement as income?

That's true, if your employer reimbursement exceeds your allowable travel expense deductions.
**Answers are correct to the best of my ability but do not constitute tax or legal advice.

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