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New Job (independent contractor) as a Restaurant Critic - how to report
I have 2 related questions.
This year, I began a side gig as a restaurant critic. I am an independent contractor for a restaurant chain, and they pay me to evaluate the food and service in 8 locations. They have sent me a 1099 for all of the expenses they have reimbursed (each time I review a restaurant, I submit an expense form for the cost of the meal plus any parking costs).
My questions:
- In turbo tax, do I create a business for reporting purposes? If so, I cannot find a code resembling what I do, so shall I choose the option with all 9's?
- How can I indicate that the meal expenses are my job? In other words, how can I deduct 100% of the meals instead of 50%? The meals are not simply a business expense....they ARE the business.
Thanks in advance for your help!
Carolyn
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‎February 1, 2020
2:20 PM