Deductions & credits

Sometimes if you use your own vehicle or  equipment/tools on the job the employer gives you extra money for the "rental" of your property.  This happens a lot in some installation businesses like cable companies. 

 

If so this is a rent of personal property and you should follow the 1099-MISC entry section to enter this properly on the Sch 1 line 8L.   https://www.irs.gov/pub/irs-pdf/f1040s1.pdf

 

 

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