Should the cost of a mileage reimbursement be reported on a 1099 at year-end, assuming costs exceed the $600 threshold?”
“We assume you are not referring to daily commuting miles, but rather miles for errands run on behalf of your company -for example, from the office to a supplier to pick up supplies and back to the office, or to drive the president to the airport. If that is the case, mileage reimbursements are not reportable on 1099s.
Related Questions
- If two employees share lodging while traveling, can the lodging cost exceed the single room reimbursement amount prescribed by DOA?
- How should automotive costs be reported? What rate is acceptable if basing on cost per mile driven?
- Which costs are used in establishing the TDY mileage reimbursement rate?
