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I worked as a contractor last year so I received a
I worked as a contractor last year so I received a 1099-MISC. My employer included all my reimbursed travel expenses in my wages - box 7. Therefore, is the Schedule C the only place that can show and … read more
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Lev
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I received a FORM 1099 MISC for $ 50,000 which was s sign on
I received a FORM 1099 MISC for $ 50,000 which was s sign on bonus for a new employer and it was reported as Non Employee Compensation. Is this correct or should it have been under Other Income … read more
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We recently built our own home using a Construction Loan through
We recently built our own home using a Construction Loan through FirstBank. While we used contractors to do most of the work, we purchased a lot of materials for the home using our Construction Loan a… read more
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CPA question: My wife is a professional in NY who is on loan
CPA question: My wife is a professional in NY who is on loan to the federal government for a year. Her W-2 is from her NY employer. However, the Feds are paying her a per diem for expenses at the stan… read more
emc011075
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I have a small business and I have contracted with some providers.
I have a small business and I have contracted with some providers. I would like to offer an tuition reimbursement to the independent contractors who have been working with me for over a year. Is that … read more
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I received a 1099-misc with an amount in box 7. I am not self
I received a 1099-misc with an amount in box 7. I am not self employed, not in a business at all, can I report this as 'other income' on my 1040?… read more
Lev
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i received a 1099 misc and in box 7,an amount of $1200 was
i received a 1099 misc and in box 7,an amount of $1200 was recored. i am on the board of directors of the company, how is it going to it going to affect my taxes, and where do i report it… read more
InfoTaxes
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I am on H1b. For tax year 2011, along with a W2, I also received
I am on H1b. For tax year 2011, along with a W2, I also received a 1099 Misc Non Employee compensation from my employer(same employer). The amount is $2000. It is a reimbursement for travel/conference… read more
Robin D.
Robin D.
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I received my 2011 1099-MISC from the company that I provided
I received my 2011 1099-MISC from the company that I provided them services as an independent consultant. The 1099 Block 7 Non-employee Compensation amount of $94,000 includes $10,000 for my reimburse… read more
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I received a letter from the IRS. Form 4612C. The pertinent
I received a letter from the IRS. Form 4612C. The pertinent part states .......Form 1099-MISC amount, reported on Form 1040, line 21 indicates that you may be liable for Self-employment tax. If you fi… read more
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During 2010, I received a single payment of $670 for some simple
During 2010, I received a single payment of $670 for some simple contract work I did for a local realty company. Naturally, I received a form 1099-MISC from them. However, since I have never done anyt… read more
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Ive always used the 40EZ form. For the first time, I earned
I've always used the 40EZ form. For the first time, I earned a real estate commission, so I received a 1000 Misc form. Which form should I fill my taxes out on this year? Thanks, Terry… read more
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I own a business and I pay sales commission to an individual.
I own a business and I pay sales commissions to a non-employee individual. Do I put the sales commission on Box 7 of the 1099-MISC (non-employee compensation) or Box 3 (other income)? I've already sen… read more
Robin D.
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us come from our Sponsor-A-Dog program which is funded by private
us come from our Sponsor-A-Dog program which is funded by private donations. Would I need to submit a form 1099-Misc showing these payments? Also, the only employee we have is paid $600/month. Do I ne… read more
Merlo
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my wife has recd a 1099-MISC for money that was ...
my wife has rec''d a 1099-MISC for money that was paid to us to reimburse us for respite expenses we have already paid out for our physically and mentally disabled son. it is listed on line 7 non-empl… read more
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independent contractor made $7809 and had 21,612 miles
independent contractor made $7809 and had 21,612 miles driven business related what do i file had 2 other jobs with w-2's… read more
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Good Morning!I receive a car allowance each month. This
Good Morning! I receive a car allowance each month. This helps towards my leased car expenses. I have received a 1099-MISC for 24 years. Box 7 is used for the total. This is not income so I have never… read more
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Should reimbursement for mileage to an independent
When calculating nonemployee compensation for box 7 of the 1099-MISC form, should that amount include mileage reimbursement in addition to payments for services render to an independent contractor? Th… read more
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