Solved: I recieved a 1099-misc for being a delegate to a convention, and it was to cover the expenses and lost wages, where do i enter the expenses?
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I recieved a 1099-misc for being a delegate to a convention, and it was to cover the expenses and lost wages, where do i enter the expenses?

 
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I recieved a 1099-misc for being a delegate to a convention, and it was to cover the expenses and lost wages, where do i enter the expenses?

If you have "Non-employee compensation" (Box 7 of a 1099-MISC), according to the IRS it is considered income from self-employment. You are considered to have a self-employed "business" and you are the "owner".  TurboTax will help you report it as Business Income on a Schedule C or C-EZ.  

To enter your home office, vehicle mileage, supplies and other common business expenses:

  • Type “Schedule C” in the Search box.
  • Select the “Jump to” link.
  • Select Add expenses for this work (or Edit and navigate down to Business Expenses).

Remember to enter 1099-MISC, 1099-K, cash, and personal check income from your self-employment before you associate any expenses with your business.

https://ttlc.intuit.com/replies/5559255


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New Member

I recieved a 1099-misc for being a delegate to a convention, and it was to cover the expenses and lost wages, where do i enter the expenses?

If you have "Non-employee compensation" (Box 7 of a 1099-MISC), according to the IRS it is considered income from self-employment. You are considered to have a self-employed "business" and you are the "owner".  TurboTax will help you report it as Business Income on a Schedule C or C-EZ.  

To enter your home office, vehicle mileage, supplies and other common business expenses:

  • Type “Schedule C” in the Search box.
  • Select the “Jump to” link.
  • Select Add expenses for this work (or Edit and navigate down to Business Expenses).

Remember to enter 1099-MISC, 1099-K, cash, and personal check income from your self-employment before you associate any expenses with your business.

https://ttlc.intuit.com/replies/5559255


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