You'll need to sign in or create an account to connect with an expert.
You are correct; this is taxable as Other Income, but it is NOT subject to employment taxes. To enter it on your return, follow the instructions below:
Hey so on the 1099 form they sent me they have the total amount they paid me. This include travel expanse compensation. Which to my knowledge is exempt. https://ttlc.intuit.com/community/college-education/discussion/research-study-for-rare-disease/00/14...
What do I put on the line? The amount they sent me on the form or the amount I was paid minus travel comp.
For example, if they listed 700 on the form, and 170 of that was travel comp. do I put 530 on the other income box or 700.
Put in $530 for "other income." Travel reimbursements for medical research are excluded from income. Be sure to keep your travel receipts and reimbursement documents.
I am in a clinical trial also. How do I report my travel & food expenses?
If your Form 1099-MISC has the income in Box 7 and you report it as self-employment, then you can deduct the travel expenses on your Schedule C.
If you reported the income as Other Income (not self-employment using the directions above), you can't subtract the travel reimbursement as it is taxable income paid to you and non-deductible on your personal tax return.
Income for participating in a clinical trial or medical study is taxable. If the activity is infrequent, the income will not be self-employment income.
This means is that it is subject to income taxes, but not subject to self-employment tax. It also will not qualify toward the earned income tax credit or any other tax benefit that is dependent on earned income.
If you did receive a Form 1099-MISC , it is entered under the Wages and Income tab
To add expenses on a Schedule C:
Click here for information on business travel expense.
Click here for information on reporting self-employment business income and deductions.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
championjerry
New Member
Jnessa
New Member
ArielA77
New Member
JoJuan
New Member
ArielA77
New Member
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.