Schedule C & Reimbursable Expenses

Discussion in 'Individuals' started by twinnine, Apr 4, 2011.

  1. twinnine

    twinnine

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    This is probably an easy one however I'm not sure where to include it if at all.....

    I'm doing some construction work on the side as my own business and need to figure out where to put reimbursable expenses on schedule C. For example, bought a stove vent hood for job and customer will be paying me back the exact amount I paid for the item. There's no markup in the product. So where do I record the income and expense for this on Sch. C since all my "real" income is labor? Or do I not record those at all?

    Thanks,
    Chris
     
    twinnine, Apr 4, 2011
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