I received a 1099 from my employer that included every expense for which I was reimbursed, such as flights to business meetings, hotels etc... The employer's accountant said I should just deduct the entire 1099 amount as an expense.
Is this right? Isn't the the 1099 supposed to be used to report income? A reimbursement for an expense incurred in the performance of a required job function is not inclome, is it?
Shouldn't the employer file a corrected 1099? Is there anything I can do to get the employer to file a corrected 1099? Please advise.

Thanks,
Garman Dawes

Garman:

Reporting expense reimbursements using Form 1099 is a common practice. It is also, IMHO, an INCORRECT way to report the reimbursements.

However, since it HAS been done, you can only hope to recover some of the taxes owed by claiming the expenses as an employee business expense if the Form 1099-MISC shows the income in ANY BOX other than Bocx #7.

If the money is shown in Box #7 of the Form 1099-MISC, THEN you file Schedule C and claim exactly the same amount shown on the Form 1099 as expenses, resulting ina net income of ZERO and no taxes owed.