Question

Filing 1099 MISC form for employee truck rental

Forum|Forum|7 years ago
June 6, 2019
1 reply
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I get paid truck rent weekly from my employer and received a 1099-MISC form. How do I report this rent as "income" and offset the income by using the standard IRS mileage deduction?

TurboTax Deluxe Online

A

AmyW

First, you will want to enter your 1099-MISC, and then deduct your qualified business expenses.

To enter a 1099-MISC, follow the steps below:

https://ttlc.intuit.com/replies/4770594

To enter your business expenses, follow the steps below:

Sign into your TurboTax account and click Continue where I left off
Choose Federal Taxes
On the Income and Expenses Tab, click Edit to the right of your Self Employment Income
Click Edit next to your line of work
scroll down to the Expenses section and click Add Expenses