DCN 1099 Explainer
English
In the top right of the 1099 you will see a section that looks like this.
Gross: The amount earned before any deductions taken out.Deductions: Expenses already taken out, need to be subtracted from gross to get your Net amount.Proof of Deductions: The 1099 and your paystubs are sufficient proof that these amounts were deducted from you gross income to get your net amount.Please make sure your tax professional includes these deductions in your tax return.
Additional Deductions you can take:Per Diem rate for meals: 80% of $69 (01/01/24-09/30/24), $80 (10/01/24-12/31/24) per full day away from your tax home, and $51.75 per partial day. Please consult with your tax professional to ensure you are properly applying these on your taxes.Percentage of your cell phone and phone plan: (the percentage that you use your phone for work)Necessary Personal Expenses: Only qualifies if the expense was neded to complete your job. Please note that plain clothing such as tee-shirts and Jeans do not qualify. Here are a few examples.
(Links are clickable)
Flashlights, Gloves, Tablet, Boots, Cooler, Tools, Safety Clothing, Showers, Bedding
Українська
У верхньому правому куті вашого 1099
Gross: (Валовий дохід) Сума, зароблена до вилучення будь-яких відрахувань.Deductions: Відрахування (Списуються) Витрати, які вже вилучено, потрібно відняти від валових, щоб отримати чисту суму.Будь ласка, переконайтеся, що ваш податковий спеціаліст включив ці відрахування у вашу податкову декларацію.
Додаткові відрахування, які ви можете отримати:Per Diem: (Добові) $69 (01/01/24-09/30/24), $80 (10/01/24-12/31/24) за повний поза домом та $51.75 за неповний день. Проконсультуйтеся зі своїм податковим спеціалістом, щоб переконатися, що ви правильно застосовуєте їх до своїх податків.Відсоток вашого мобільного телефону та тарифного плану: (відсоток, який ви використовуєте телефон для роботи)Необхідні витрати: відповідає вимогам, лише якщо витрати були необхідні для виконання вашої роботи. Будь ласка, зверніть увагу, що простий одяг, такий як футболки та джинси, не відповідає критеріям. Ось кілька прикладів.
(Посилання клікабельні)
Фанарик, Рукавички, Планшет, Черевики, Кулер, Інструменти, Захисний одяг, Душ, Постільна білизна
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