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?

Howard78 · ‎June 5, 2019

WillK · ‎June 5, 2019

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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WillK · ‎June 5, 2019

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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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?

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?

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?