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Questions on taxes

December 28, 2014 03:16PM
This is my first year mystery shopping. My question is when filing, what does the government see as earnings? Since we receive money for a job as well as payment for, lets say a meal at the restaurant we are evaluating, will we be taxed for the entire payment or is there a space to specify the expenses for that partucular shop and what if we do not specify deductions?
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More About Mystery Shopping Taxes
December 28, 2014 05:01PM
You will report both income and expenses on Schedule C. There is a space to report expenses that can be deducted from income. If you go to the New Mystery Shoppers area of the forum, there is a very helpful topic all about taxes for your new business operation. After reading there you may have additional more specific questions about taxes. We wil be here for you!

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Based in MD, near DC
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