@Carmel2450 wrote:
Do I need to report even $135?
My tax accountant husband lists me as "customer experience evaluator." I make sure I make at lest $600 from one company (Market Force is the easiest for me) so I get a guaranteed 1099. I keep a mileage log (date, location, beginning, arrival, and end mileage) and attach the receipt or business card to the assignment confirmation email. It is all about proof. It is up to the taxpayer to provide the proof. Too many people cheat and when they cheat they rob from the rest of us who do not. Take every allowable deduction but don't fictionalize.@walesmaven wrote:
I use "consultant".
@wrosie wrote:
I use Consultant also. If they ask I'm a Customer Service Consultant.
Well this sucks, looks like we can't deduct it in 2018. From the Turbo Tax Blog:
'Business Mileage
With business mileage, your commute to your regular place of business cannot be deducted when you’re an employee. If you are self-employed any driving you do directly related to your business, like meeting with a client or going to a networking event, may be deductible business mileage. If you were an employee in 2017 and had unreimbursed expenses for driving somewhere for work outside of your regular office, then you can take the standard mileage deduction on your 2017 taxes. However, for 2018 under the new tax law, miscellaneous expenses like unreimbursed mileage cannot be deducted for tax year 2018 (the taxes you file in 2018) through Dec. 31, 2025."
[blog.turbotax.intuit.com]
@kmrobe01 wrote:
@LindaK
You are required to report all income. Only income totaling over $600 from any one MSP is required to be reported to you, and the IRS, on a 1099.
@kmrobe01 wrote:
Let me restate: ALL earned income, no matter the amount, MUST be reported by an individual to the IRS. In our case, Independent Contractors, we would report ALL of our income on a Schedule C. Any one MSP that we earned MORE THAN $600 from MUST issue US and the IRS a 1099. So for example, I did work for ABC and earned $110 for the year. ABC does NOT have to issue ME or the IRS a 1099. I also did work for XYZ and earned $720 for the year. XYZ MUST issue ME and the IRS a 1099. If this was my only income for the year, I MUST report, on Schedule C, a total earning of $830.
As far as reimbursement, this should Not be included as income. However, if it IS included as income on a 1099, you will report it in the “other expenses” section of your Schedule C, and you list it as “reimbursed expense included in 1099".
@LindaK wrote:
You only have to report income over $600. Your 1099 will have everything you need to know. Any income elbow $600 does not have to be reported.
@LindaK wrote:
You can’t be both for the same company.
@HelenaNOLA wrote:
I started shopping this year after a 15 year break. Do the 1099's include not just the shopper pay but the reimbursement amount? Reimbursement is not pay. If the latter than do you deduct the amount you spent at the shop such as the cost of a meal as an expense?
@Carmel2450 wrote:
Do I need to report even $135?