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NonameNJ
New Member

I am an appraiser and I do work for appraisal management companies. They charge me a $10 submission fee to submit work. What expense category would it fall under?

By the end of the year it is rather substantial (several thousand $) and I want to expense it correctly.  What expense category would it fall under?

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5 Replies

I am an appraiser and I do work for appraisal management companies. They charge me a $10 submission fee to submit work. What expense category would it fall under?

Based on your facts, I assume you receive a form 1099-MISC from the various companies you perform work for.

If the above is correct, then when you complete your Schedule C, just put those fees under miscellaneous expense and title them "submission fees".

*A reminder that posts in a forum such as this do not constitute tax advice.
Also keep in mind the date of replies, as tax law changes.
NonameNJ
New Member

I am an appraiser and I do work for appraisal management companies. They charge me a $10 submission fee to submit work. What expense category would it fall under?

They did not send a 1099-misc.  The company is known for doing tricky work around.  Like instead of paying me $10 less for the job they pay me $10 more and then charge me $10 to submit it. I have records of the payments.  I assume I would do miscelaneous expenses.
NonameNJ
New Member

I am an appraiser and I do work for appraisal management companies. They charge me a $10 submission fee to submit work. What expense category would it fall under?

Rick19744... They did not issue 1099misc. please reply
pk
Level 15
Level 15

I am an appraiser and I do work for appraisal management companies. They charge me a $10 submission fee to submit work. What expense category would it fall under?

whether you received a 1099-misc or not , you still enter the details as if you had received  a 1099-misc ( to the extent feasible ) --- you tell TurboTax that you have  self-employment income, then  fill  ( Schedule-C-EZ ) out the  details of the  category code, business name etct. etc. , then enter the gross income  reported on 1099-misc and those not reported on 1099-misc, thewn you will come to the entering of expenses -- follow through instruction by instruction and  you will be done. Note that your rental property income and expenses are reported on Schedul-E
 Hope this helps -- if not tell me  what more help you need

I am an appraiser and I do work for appraisal management companies. They charge me a $10 submission fee to submit work. What expense category would it fall under?

Concur with @pk and just reflect the as noted above.
*A reminder that posts in a forum such as this do not constitute tax advice.
Also keep in mind the date of replies, as tax law changes.

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