Question

Freelancer received reimbursement for project purchases. Where do I input this information in TurboTax Deluxe?

Forum|Forum|5 years ago
April 9, 2021
1 reply
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I did freelance work on the side and purchased several pieces of equipment to finish the project for a client. The client reimbursed me the exact amounts for those several pieces of equipment (I have reimbursement invoices and bank statements showing their deposits plus credit card statements/receipts for the purchases). Obviously I do not want to consider this taxable income since it was an exact dollar-for-dollar reimbursement for the equipment needed to finish the clients project.

Where do I input this information in TurboTax Deluxe???

Please help!

E

ee-ea

Employee

The "reimbursement" goes into gross receipts. The expenses are supplies - the stuff needed to finish the clients project.

F

freelancer147Author

Thank you very much for the response!

Question though. I thought supplies had to be $200 or less items? The per-item, individual equipment cost was definitely higher than that.

Would these go into a different category possibly?