I entered a 1099 misc and it does not appear as income on my 1040 , what am I doing wrong ? Also this is related to work I did for a company, part of which was an expense on my part for the benefit of the company and that the company reimbursement was included in the 1099 misc. Is there a way I can deduct this expense.
Thanks
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Did you enterbit on Schedule C? That is self employment income.
You can enter Self Employment Income into Online Deluxe or Premier but if you have any expenses you will have to upgrade to the Self Employed version.
How to enter income from Self Employment
Then you can deduct the expense on Schedule C. How to enter self employment expenses
Hi -
I am a consultant was reimbursed for a equipment I purchased on behalf of my employer and the employer included it in my 1099 Misc. I want to deduct it as a business expense , where do I enter it ?
Thanks
Enter it either under Supplies or as Other Misc Exp.
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