- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Where do I claim mystery shopping reimbursement income?
I completed 16 mystery gas station shops in Jan/Feb 2015. I fill up with $20 worth of gas, then submit a questionnaire to a mystery shopping company who reimburses me $18.50. Do I need to set up this as a business income, perhaps under independent contractor with deductions as I am benefiting from getting some free gas?
October 29, 2019
9:53 PM
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Getting started
As this ultimately results in a net loss, and there is no Reasonable Expectation of Profit, you do not need to report this as income. You spend more than you take in...it's a discount, not a business.
October 29, 2019
9:53 PM