Best Answer Click here
This discussion has been locked. No new contributions can be made. You may start a new discussion here
1099-LTCs that show Reimbursements I don't even include on the tax return, just make sure you dont double dip by including them as medical expenses on Sch A.
Many years ago I read the instructions on the backside of the 1099LTC and that's what it told me to do.
If its marked as per diem, then you need to include it, since you wont necessarily have the expenses to offset the amount.
1099-LTCs that show Reimbursements I don't even include on the tax return, just make sure you dont double dip by including them as medical expenses on Sch A.
Many years ago I read the instructions on the backside of the 1099LTC and that's what it told me to do.
If its marked as per diem, then you need to include it, since you wont necessarily have the expenses to offset the amount.
You have clicked a link to a site outside of the Intuit Accountants Community. By clicking "Continue", you will leave the community and be taken to that site instead.