If your personal expenses are paid for by another person, such as a corporation, the payment may be taxable to you depending upon your relationship with that person and the nature of the payment. But if the payment makes up for a loss caused by that person, and only restores you to the position you were in before the loss, the payment isn't includible in your income.
If your personal expenses are paid for by another person, such as a corporation, the payment may be taxable to you depending upon your relationship with that person and the nature of the payment. But if the payment makes up for a loss caused by that person, and only restores you to the position you were in before the loss, the payment isn't includible in your income.
In order for a business expesne to be tax deductible for a business, they have to file some sort of tax form. For salary they file W-2, for contractor they file 1099, and for misc expenses, they file 1099-misc.
So the payment they sent to your son became a tax deductible expesne for the apartment company only AFTER they filed a 1099-misc. This is how IRS encourage a company file countless forms. You need those forms to make the expense deductible. Those forms might or might not be taxable to the recipients. But it's nice that IRS has all those payment information.
But on your son's side, according to the IRS publication I cited, it is not "includible" as your son's income. So just ignore it.
You explained so well, and I can sleep better without worrying about IRS someday coming to knock my door (or my son's door) because I screwed up. Long Live 柠檬
孩子租房的apartment漏水被迫住到外面几天，房东公司好修理。现在房东寄来定额补贴（$/day 乘以天数）的 1099-MISC，作为收入要交税，但实际上这些钱都基本在住酒店及吃饭花掉了。我的问题是：住酒店及外面吃饭等的花销的expnese应该在税表的哪里填？先谢了。
https://www.irs.gov/publications/p525#en_US_2021_publink1000229524
Expenses paid by another.
If your personal expenses are paid for by another person, such as a corporation, the payment may be taxable to you depending upon your relationship with that person and the nature of the payment. But if the payment makes up for a loss caused by that person, and only restores you to the position you were in before the loss, the payment isn't includible in your income.
我以为是在收入部分填1099-MISC的income，但在deduction部分把这部分相对应的expense扣除，但是苦于在turbotax的软件上找不到应该是哪一个deduction item.
https://www.irs.gov/pub/irs-pdf/f1040s1.pdf
schedule 1 line 8, item z
then deduct from line 24, item z.
https://www.irs.gov/publications/p525#en_US_2021_publink1000229524
Expenses paid by another.
If your personal expenses are paid for by another person, such as a corporation, the payment may be taxable to you depending upon your relationship with that person and the nature of the payment. But if the payment makes up for a loss caused by that person, and only restores you to the position you were in before the loss, the payment isn't includible in your income.
考TOEFL的劲头哪里去了?
1099-MISC is furnished to IRS. 如果just ignore it,在税表上不填，怕IRS没看到这部分，来找麻烦。
In order for a business expesne to be tax deductible for a business, they have to file some sort of tax form. For salary they file W-2, for contractor they file 1099, and for misc expenses, they file 1099-misc.
So the payment they sent to your son became a tax deductible expesne for the apartment company only AFTER they filed a 1099-misc. This is how IRS encourage a company file countless forms. You need those forms to make the expense deductible. Those forms might or might not be taxable to the recipients. But it's nice that IRS has all those payment information.
But on your son's side, according to the IRS publication I cited, it is not "includible" as your son's income. So just ignore it.
You explained so well, and I can sleep better without worrying about IRS someday coming to knock my door (or my son's door) because I screwed up. Long Live 柠檬