I'm an onsite apartment manager and my boss added ...
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I'm an onsite apartment manager and my boss added maintenance money [used to repair things at the apartment job] to my taxes as nonemployee compensation what should I do?

He would give us about $200 at a time and we would use it to repair problems that came up and then give him our receipts to prove how much went where. We did not keep any money or use it for any of our personal endeavours.
4 Replies
Level 15

I'm an onsite apartment manager and my boss added maintenance money [used to repair things at the apartment job] to my taxes as nonemployee compensation what should I do?

You enter the whole amount as income then can enter the expenses you paid for.  Reimbursements would be an expense.  Product and parts would probably be entered as Supplies.  Or you can use line 27a Other Expenses.  Then only the Net Profit (or Loss) on Schedule C goes to your 1040 and gets taxed.

 

 

Level 15

I'm an onsite apartment manager and my boss added maintenance money [used to repair things at the apartment job] to my taxes as nonemployee compensation what should I do?

Are you a W-2 employee, and getting a "non-employee comp" form in addition to a W-2, or are you strictly an independent contractor, and the maintenance money is added to your contracted salary on a form 1099-NEC?

*Answers are correct to the best of my ability at the time of posting but do not constitute legal or tax advice.*
Level 3

I'm an onsite apartment manager and my boss added maintenance money [used to repair things at the apartment job] to my taxes as nonemployee compensation what should I do?

as NEC compensation reported to the IRS you need to file schedule C and report the "repairs/maintenance" income which would be offset by the money you paid for the repairs/maintenance. if your 1099-NEC also reports your compensation that would be reported on the same schedule C. along with all your other expenses related to your job as an apartment manager.  

Level 15

I'm an onsite apartment manager and my boss added maintenance money [used to repair things at the apartment job] to my taxes as nonemployee compensation what should I do?


@Mike9241 wrote:

as NEC compensation reported to the IRS you need to file schedule C and report the "repairs/maintenance" income which would be offset by the money you paid for the repairs/maintenance. if your 1099-NEC also reports your compensation that would be reported on the same schedule C. along with all your other expenses related to your job as an apartment manager.  


Not necessarily.  If the manager is a W-2 employee, then the owner/boss is not allowed to make additional payments on a 1099-NEC, and further is completely mishandling his reimbursement policy.  That's why I asked if the manager is an employee or a contractor.  (And in fact, if required to live on site, I would have serious doubts that being treated as a contractor instead of an employee would be permitted.). Not to mention that, if a W-2 employee, the payments might show up on the manager's pay stub but not be included in their W-2 box 1 wages, and we don't want this taxpayer screwing up their taxes by trying to file from a pay stub.

 

We need more information from @Taxesforpapa 

*Answers are correct to the best of my ability at the time of posting but do not constitute legal or tax advice.*
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