- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
I got 1099-MISC income. Preparers included items like flight, taxi, parking that I paid for and was reimbursed. Not taxable income. How do I report actual income fix?
Per the agreement with hiring companies, I pay for certain items and they reimburse upon invoice. I shouldn't pay taxes on those items but my 1099-MISC include them. How do I report or deduct the accurate amount?
Topics:
June 1, 2019
6:25 PM
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
If the amount reported on your 1099-MISC includes the reimbursement of your expenses, then you can deduct the expenses as business expenses. This will exclude the reimbursements from your income.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
June 1, 2019
6:26 PM