turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

mspalding
New Member

I am attending a conference as a speaker. They are providing me with free admission, meals and lodging. Is this taxable income for me?

I know that if I paid for it it would tax deductible but since it was complementary, do I still need to include it in my income?

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

4 Replies

I am attending a conference as a speaker. They are providing me with free admission, meals and lodging. Is this taxable income for me?

Who is the "they" who are paying your expenses?

I am attending a conference as a speaker. They are providing me with free admission, meals and lodging. Is this taxable income for me?

Is "they" your employer ?   Or an organization of some kind ?
mspalding
New Member

I am attending a conference as a speaker. They are providing me with free admission, meals and lodging. Is this taxable income for me?

The event organizers paid for it. I am self employed.

I am attending a conference as a speaker. They are providing me with free admission, meals and lodging. Is this taxable income for me?

All monies paid to you (honorarium, travel expenses, hotel reimbursement) is gross taxable income to you and you should expect a 1099-MISC.  You can then deduct your expenses and pay tax on the net income, if any.

They can probably "comp" your expenses without tax reporting as long as they aren't paying you money (like comping your conference registration, hotel, and meals). Possibly your airfare.  So as long as your only financial benefit is free attendance, it won't be taxable -- either because they don't have to 1099- you, or because the amounts on the 1099-MISC would exactly equal your deductible travel expenses.  If you get a speaking fee or honorarium that is more than your actual costs, that will be taxable. 

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question