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Deductions & credits
Just saw this thread and had a follow-up question:
I received a 1099-misc for a rebate I received from City of Los Angeles to partially reimburse for sidewalk repair costs. I'm hoping I don't have to pay taxes on the rebate. I have all the appropriate paperwork in my files. Is there a way in Turbotax to include the 1099-misc but show that it's partial reimbursement and therefore shouldn't be taxes, or does your method suggest I just don't include it and then deal with it if questioned? I like to do things properly. 🙂 Thanks!
‎January 27, 2025
4:32 PM