Taxes


susan_15329783073768
4 years 0 susan_15329783073768 6

I have a question about reporting income to the IRS. Sometimes the MSP lists a fee and also reimbursement. What if the MSP only lists a fee. If the pay is $60, but you are required to spend $60, is that considered a reimbursement? Or since it is called a fee does $60 have to be reported as income? Thanks

MFJohnston
4 years +1 MFJohnston 388

You report the $60 fee as income and then deduct your $60 in expenditures.


Reading this thread: