Understanding IPSOS 1099NEC - Does the amount include reimbursements or payment only?

Hi everyone. I don't know if this question has been asked before.

Does the amount shown on the 1099NEC from IPSOS include the reimbursement portion, or does it only reflect the actual shop pay? I want to make sure I report it correctly and am not being taxed on reimbursements.

Also, I don't seem to be able to find a copy of my 1099 in my IPSOS shopper account (shopmetrics). Only the PDF statements in the "my pay" section.

Thanks in advance for any help.

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More About Reimbursements

Ipsos only includes the fee, not the reimbursements. A few other companies include the reimbursements. Are you keeping records of all your payments and reimbursements so you can file your taxes accurately? Ipsos sends the 1099s by mail.

Yes, it is only the fee and bonus on the 1099NEC. Reimbursements are not included.

I can confirm this since I have an Excel spreadsheet that details a month by month fee, bonus and reimbursement for each shop that I perform. The shops are listed by their address and date performed. Each spreadsheet is separated by the MSC.
Fairly simple and informative. Nevertheless, you must religiously enter that data. After I file the reports for the shops I performed for the day, I then enter the information on the spreadsheet.

I agree it is really imperative that you have some sort of accounting method. Never leave any 1099 to chance that it is correct. It is your tax money on the line if you do. I can quickly look at my spreadsheet and double check the 1099 if I get one. You may never know if the msc made some sort of mistake on yours. As for not having a 1099, the msc are only required to send you one if you earned over $600 that year. You need to report earnings even if you earned a a smaller amount but you will not get a 1099.

My accountant says that even though they are only supposed to include the fees on the 1099s, some companies interpret it differently. I tried to get one company to correct it, and they said that's just the way they do it (including all money paid). For those companies, you just have to deduct the reimbursements as expenses.

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Understanding IPSOS 1099NEC - Does the amount include reimbursements or payment only?

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