1099-MISC Independent Contractor?

Well I got a 1099-MISC form in the mail today from the company who I work for. I work for Burger King as a Independent Contractor doing maintenance. I have been sending them invoices as it was requested by the owner of the two stores I work at. The problem that I see, if I went out to buy parts for the store, it would be listed in the invoice as well to get my money back. Well I counted all the bills that I send to them was and he including everything that I billed for in the Nonemployee compensation including the parts that I bought for the store. My question is: Ain’t it wrong to include the parts that I bought to fix something in the whole compensation? My other question is: Is that I never charged taxes on anything, was I suppose to? If so how?

Shane you are now able to claim the parts you bought as expense.

As an independent contractor, what you really are is your own business. I believe you file Schedule C and Schedule SE.

You will be able to write off mileage to the stores and to the store to buy supplies.

Part of your tools can be written off, part may need to be listed as an asset and depreciated.

Good luck and try to get that income way down so your taxes are lower!

Estate Auction Former Contractor

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