Question

I am an appraiser and I do work for appraisal management companies. They charge me a $10 submission fee to submit work. What expense category would it fall under?

Forum|Forum|7 years ago
June 3, 2019
1 reply
0 views

By the end of the year it is rather substantial (several thousand $) and I want to expense it correctly. What expense category would it fall under?

TurboTax Self Employed Online

Rick19744

Employee

Based on your facts, I assume you receive a form 1099-MISC from the various companies you perform work for.

If the above is correct, then when you complete your Schedule C, just put those fees under miscellaneous expense and title them "submission fees".

*A reminder that posts in a forum such as this do not constitute tax advice.Also keep in mind the date of replies, as tax law changes.

N

NonameNJAuthor

They did not send a 1099-misc. The company is known for doing tricky work around. Like instead of paying me $10 less for the job they pay me $10 more and then charge me $10 to submit it. I have records of the payments. I assume I would do miscelaneous expenses.