- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
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?
Topics:
June 5, 2019
3:57 PM
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
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.
**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 5, 2019
3:57 PM