topic Should 1099misc include travel reimbursement as income? in After you file

Should 1099misc include travel reimbursement as income?

mskharbanda — Thu, 06 Jun 2019 00:40:28 GMT

I am a consultant and one of my clients included travel reimbursements as income on my 1099MISC. The others did not. Should 1099misc include travel reimbursement as income?

Thanks.

Mohan

Yes - but remember you can then deduct your allowable tra...

TomD8 — Thu, 06 Jun 2019 00:40:29 GMT

Yes - but remember you can then deduct your allowable travel expenses as a business expense.

I am in the same situation... so my question is, by my cl...

mulox — Thu, 06 Jun 2019 00:40:31 GMT

I am in the same situation... so my question is, by my client including reimbursement on the 1099-MISC, how does this impact my tax burden since I have to now deduct those amounts as expenses? Will I pay more in overall taxes, or is it the same as if it were not included?

Same question. It's showing as income, when it isn't. D...

jared123 — Thu, 06 Jun 2019 00:40:32 GMT

Same question. It's showing as income, when it isn't. Deductions don't reduce your tax burden dollar for dollar.

That's true, if your employer reimbursement exceeds your...

TomD8 — Thu, 06 Jun 2019 00:40:33 GMT

That's true, if your employer reimbursement exceeds your allowable travel expense deductions.