Yes, you have to account for it, but you can also expense it since it was not income. You will need to enter it on Schedule C. To set up your business: Open or continue your return. Search for schedule c and click the Jump to link in the search results. Answer Yes to Did you have any self-employment income or expenses? If you've already entered self-employment work and need to enter more, select Add another line of work. Follow the onscreen instructions

Question

I got a 1099-NEC for the amount I was reimbursed (I had an interview for which I flew out, got hotel, etc.). Why do I have to pay taxes on this? Or do I deduct entire amt

Forum|Forum|5 years ago
March 17, 2021
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TurboTax Self Employed Online

ColeenD3

Yes, you have to account for it, but you can also expense it since it was not income. You will need to enter it on Schedule C.

To set up your business:

Open or continue your return.
Search for schedule c and click the Jump to link in the search results.
Answer Yes to Did you have any self-employment income or expenses?
- If you've already entered self-employment work and need to enter more, select Add another line of work.
Follow the onscreen instructions