Solved
Hal_Al, I have posted previously w/o help. I asked my question on the other thread in hopes of obtaining help. If you see this, my 1099 Misc Box 3 question is below.
A college student attended a conference as a representative of the University to present papers. The student paid for all expenses up front $1,170.00. The University reimbursed the student $1,100.00 of the $1,170.00 (after receiving documentation of expenses), leaving the student holding $70.00 in expenses. The University then issued a 1099 Misc. Box 3 for the reimbursement. No profit. No income. The student didn't make money. The student not only didn't make money, the student took a $70.00 loss; however, the student is being taxed $170.00. The only way this would have been income, is if the student hadn't paid expenses to begin with.
