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Tax Question

March 31, 2019 04:58PM
If you work as an IC for a MSC that is not legally required to submit 1099s to the IRS, are you legally required to add the expenses you were paid ?
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March 31, 2019 05:32PM
Yes, if you earned less than $600 as an independent contractor with a particular company, that company does not have to send you a 1099-MISC, but you still have to report the amount as self-employment income.
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March 31, 2019 06:35PM
Yes. You are required to report all of your income to the IRS, even if you did not receive a 1099.
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March 31, 2019 08:16PM
You must report income from any source, even bank robbery.

But you ask about expenses. Include the reimbursements you received as revenue on your schedule C and then list your actual expenses in the expense section. The two wash, unless you were over- or under-reimbursed. And of course, "Consult your (real) tax advisor?
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