taxes - income reporting for self-employment

[samclem]

I do consulting work and my client does exactly the same thing--a single 1099 with a single number on it which includes my pay as well as all reimbursements for travel, lodging, meals and incidentals, etc. It s up to me to whittle that number down by claiming all my expenses.

I think this standard.

Given all the different ways there are to claim expenses, I don't know how the payor of the funds on the 1099 could do anything else. For instance, in most cases only 1/2 of meals when traveling are deductible, and some people claim the actual amount they paid for meals while other people claim the "standard" GSA meal rate without bothering to keep receipts. The company that paid you must show the amount that you got paid for the meals, and it is up to you to figure out how to deduct them.

[JohnEyles]

Quote:

Originally Posted by RetireeRobert Doesn't really seem to be a matter to get your bowels in an uproar over in my opinion.

Good point, thanks.

Main thing is, I thought I could only deduct half of my meals if
doing it this way, but maybe I'm wrong.

Also, I may not have all the receipts (since I sent them to client for
the reimbursement), but I guess that only matters if audited.