Howard78
New Member

A 1099-Misc includes expenses reimbursed. Do I just reduce the 1099 amount by the known expenses the company reimbursed, or do I have to report it a expenses?

 
WillK
Intuit Alumni

Deductions & credits

You should include the entire amount of income shown on the 1099 and then add the expense in as an actual expense. The IRS gets copies of the 1099 and will be looking for that on the return. 

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