Ask Experts Questions for FREE Help !
Ask
    durgani's Avatar
    durgani Posts: 1, Reputation: 1
    New Member
     
    #1

    Feb 6, 2006, 04:22 PM
    1099-MISC on H1B?
    I am working on an H1B, and received a 1099-MISC from a direct-sales company of which I am a registered distributor. The 1099 income is reported as "non-employee compensation". When I file this in Schedule C, can I claim for the expenses that I incurred? Are there any restrictions for H1B?

    Thanks
    naradhaa's Avatar
    naradhaa Posts: 2, Reputation: 1
    New Member
     
    #2

    Feb 6, 2006, 08:15 PM
    Hello durgani,

    I am also in the same boat. I got the 1099-MISC from my ex-employer as 'non-employee compensation' for a total less than $4K. Can you share your thoughts on how to approach this one.. (if you got any feedback from other sources)

    Btw, these are actual worked hours that were wrongly entered as Expenses. I had notified employer immediately at that time and then manager promised to address it. However that manager was terminated and it carried all the way to the end.

    Hmmm.. experts please suggest possible ways to rectify this error from employer ( I prefer not to contact employer)

    Thanks,
    Naradh
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
     
    #3

    Feb 6, 2006, 10:05 PM
    Durgani:

    Yes, you can claim your expenses on Schedule C.

    Naradh:

    You have to rectify it with the employer, because they have to correct the Form 1099-MISC.
    naradhaa's Avatar
    naradhaa Posts: 2, Reputation: 1
    New Member
     
    #4

    Feb 6, 2006, 11:28 PM
    Thank you expert..

    I also found this link useful:

    http://www.irs.gov/faqs/faq-kw5.html

    Hopefully someone will benefit from this!
    tispratik's Avatar
    tispratik Posts: 1, Reputation: 1
    New Member
     
    #5

    Apr 16, 2012, 11:13 AM
    This link does not seem to be going to the correct page. Can you post the updated one?

    Thanks

Not your question? Ask your question View similar questions

 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

1099-misc, ss-8, etc. Need help! [ 1 Answers ]

Ok, hopefully someone can help me here. This last summer I worked for the University of Michigan as an undergraduate student researcher. I worked under a professor and in my opinion was CLEARLY an employee. However, I recently received a good old 1099-MISC form from U of Michigan stating the...

1099 Misc not sure? [ 1 Answers ]

I received a 1099 Misc. for money earned in assisting someone else in her clothing trunk shows in 2005. Not sure how to complete sch c for business name and if I can deduct mileage, meals, etc. that I paid for during these times. Also assist in clothes deliveries from these shows so have some...

F1, w-2 and 1099-Misc [ 4 Answers ]

Hello Everyone, I did go across lot of threads and it helped me. But I hope I can get answers to my queries. I was on F1- status throughout last year. However I was paid on 1099-misc and w-2 by two employers. My Questions 1) Do I need to attach 1099-misc or is the employer tax id enough? ...

F1, 1099-misc and w-2s [ 3 Answers ]

Hello, I am a new member. Its nice to see so many people here who can help. Here's my situation: My status in 2004: Student on F1 (I still am on F1 until my H1 is approved) Was attending school full-time until: August 19, 2004 Working on OPT since August 20, 2004. My nationality: Indian I...


View more questions Search