I was foolish and never considered that my client would possibly report my meals as my "income". I would like to consider it a gift, but my client personally dispises me and I now expect to have my lunches reported against me as income.
Do I have to report $5 a day for over a year. I would NEVER pay $5 for lunch when I make less than minumum wage. Can I report only what I "would of payed" for lunch, like $1 a day?
I don't recieve 1099's/pay stubs so I have no way of confirming what is reported as income/expenses, and either way I would expect the income reported to be altered/"amended" as retribution for quiting if I find a better job.
IRS publication 15-B seems to indicate that employees don't have to consider meals as income under section 2: "Fringe Benefit Exclusion Rules", however I am not an employee. Yet in a general overview at top it says
If the recipient of a taxable fringe benefit is not your employee, the benefit is not subject to employment taxes.
But this is with respect to the employer's/client's responsibility to withold taxes...