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pomponi
New Member

I received a 1099-MISC for flat-rate travel reimbursement. Do I have to report this as income? If yes, how/where do I report the expenses? It's not self-employment.

 
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Patrice
New Member

I received a 1099-MISC for flat-rate travel reimbursement. Do I have to report this as income? If yes, how/where do I report the expenses? It's not self-employment.

Yes, you are required to report this income.  You would report this income and expenses in the Business section of TurboTax.  

To enter this in TurboTax Self-Employed (online) or TurboTax Home & Business (desktop):

  • Start under the Business tab
  • How do you want to enter your business income?, then I'll choose what I work on
  • In the "Business Income and Expenses" section, next to "Profit or Loss from Business", click Start or Update
  • The next screen will ask "Did you have any income and expenses for a business in 2016?". Answer Yes.
  • Follow the interview until you reach "Let's confirm your business info". Verify everything is accurate, then Continue
  • Enter Business Information, click Continue
  • Tell us about your business, click Continue
  • Enter Employer ID Number, If Any, click Continue
  • Do you use the cash method of accounting to run your business?, click Continue
  • Did you make any payments that required you to issue a form 1099?, click Continue
  • Do any of these uncommon situations apply to your business?, click Continue
  • Let's confirm your business info, click Continue
  • Your Business page
  • Go to Business Income
  • Business Income, then Click Start.
  • General Income, click Start
  • Tell us about additional income (Please note: it states Make sure to include any income reported on Form 1099-K and income from a barter or exchange)
  • Type in your description,  click Continue

https://ttlc.intuit.com/replies/4800425

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3 Replies
Patrice
New Member

I received a 1099-MISC for flat-rate travel reimbursement. Do I have to report this as income? If yes, how/where do I report the expenses? It's not self-employment.

Is the income listed in box 7 on the 1099-MISC?
pomponi
New Member

I received a 1099-MISC for flat-rate travel reimbursement. Do I have to report this as income? If yes, how/where do I report the expenses? It's not self-employment.

Yes.
Patrice
New Member

I received a 1099-MISC for flat-rate travel reimbursement. Do I have to report this as income? If yes, how/where do I report the expenses? It's not self-employment.

Yes, you are required to report this income.  You would report this income and expenses in the Business section of TurboTax.  

To enter this in TurboTax Self-Employed (online) or TurboTax Home & Business (desktop):

  • Start under the Business tab
  • How do you want to enter your business income?, then I'll choose what I work on
  • In the "Business Income and Expenses" section, next to "Profit or Loss from Business", click Start or Update
  • The next screen will ask "Did you have any income and expenses for a business in 2016?". Answer Yes.
  • Follow the interview until you reach "Let's confirm your business info". Verify everything is accurate, then Continue
  • Enter Business Information, click Continue
  • Tell us about your business, click Continue
  • Enter Employer ID Number, If Any, click Continue
  • Do you use the cash method of accounting to run your business?, click Continue
  • Did you make any payments that required you to issue a form 1099?, click Continue
  • Do any of these uncommon situations apply to your business?, click Continue
  • Let's confirm your business info, click Continue
  • Your Business page
  • Go to Business Income
  • Business Income, then Click Start.
  • General Income, click Start
  • Tell us about additional income (Please note: it states Make sure to include any income reported on Form 1099-K and income from a barter or exchange)
  • Type in your description,  click Continue

https://ttlc.intuit.com/replies/4800425

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