Does mileage reimbursement constitute 1099 MISC income or W2 when one is a salaried employee?
Asked by: dtba
I was recently hired so I’m a W-2 employee. My job requires me to drive a lot and my boss agreed to reimburse my mileage at a rate we agreed on and any additional parking costs. The car I drive is my personal car and not a company car.
Does my mileage and parking fee reimbursement constitute 1099 MISC income or should it get added to my W-2? Can I elect which one, or do I even have a choice? Which is most beneficial to me under these circumstances?
***And if it’s in fact neither, then how does my employer pay me? I’m concerned that they will cut me check and then at the end of the year give me a 1099 for all of it.
How others found here:
- Do You Need to 1099 employees for mileage?
- are auto mileage stipends reportable on 1099
- is mileage reimbursement considered income