![]() ![]() Tax-Line Mapping - now here was the tricky part that I may have gotten wrong. I also add a description so future-me would know what to use it for. Go to Lists > Chart of Accounts > Account (icon at bottom) > NewĮnter Account Name - I named mine EE Non-Taxable Reimbursement and entered mine into the sub-account of Independent Contractors, but keep in mind it might not be the same for you depending on how you're charting your contractors. Please keep in mind I am not an accountant but this removed the non-taxable expenses from my contractor's 1099 report. We're always here to help you every step of the way. Feel welcome to come by anytime if you have other questions or concerns. ![]() Classify Workers Correctly: Independent Contractors vs.These resources will guide you on providing services to your contractor. I've also added these links below that I'm sure you'll find helpful. You can learn about the different pay methods for contractors at this link: Pay Methods For Employees Or Contractors. With these steps, you'll be about to record the reimbursement without including it on the 1099 mapping. Look for the account you've just created under Category column, enter other information on the field.Then, choose "Expenses" or "Other expense" as Account Type and enter the Account details.Īfter that, record the reimbursement using that account. Go to Accounting, then Chart of Accounts.Thanks for dropping by the Community, can create a new expense account for your non-taxable reimbursement. ![]()
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