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I received two 1099 forms from a company I did work for this year. I beleive one of the 1099 forms, for less money, reflected compensation for travel expenses. Does the amount of money on the 1099 with the larger amount reflect the total of the salary paid and for the travel expenses or do I need to add both 1099 forms together to get the total gross income?

Submitted: 691 days and 21 hours ago.

Category: Tax

Value: $15

Status: CLOSED

Optional Information:
Salem, Virginia

Posted by Marvin,EA 691 days and 21 hours ago.

Info Request

Hello and thank you for using Just Answer. Are you self-employer or a wages employee for the company?

691 days and 19 hours ago.

Reply

I'm self employeed but most of my work was for one company.

Accepted Answer

You will report all income from the 1099s you received on Sch. C, Profit and Loss from Business, and deduct the travel expenses on Sch. C.

Expert:	Marvin,EA
Pos. Feedback:	98.5 %
Accepts:	1425
Answered:	4/27/2008

Enrolled Agent

10 years self employed , Income Tax Preparation & Representation

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