I worked for an employer in 2017 who offered to pay for my travel, hotel and conference registration expenses to represent them as a conference speaker. I submitted my receipts back in June, and my employer reimbursed me in full.
Then I received a 1099-MISC for the $1,060 they reimbursed me. I may not be understanding this correctly, but why did I receive a 1099-MISC? Isn't that for income? This was not income; this was a travel reimbursement.
Did I understand this paperwork incorrectly last summer, or did they do the paperwork wrong?
Thank you
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Yes, this was a reimbursement but the employer was justified in sending you a 1099-MISC.
To prevent you from getting taxed on the reimbursement, you will have to report the expenses that were reimbursed.
To report the "income":
To enter the expenses that were reimbursed:
A corresponding negative amount will be entered, and line 21 will be zero. See the attached screenshot example (different descriptions, but still offsetting).
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