| What are consequences of reimbursed meal expense are reported on 1099-Misc.?
Unfortunately, you are correct, the 50% that is disallowed will be included as part of the self-employment income subject to S/E Taxes.
I have found that many IT consultants negotiate with their employers to pay them separately for the reimbursed expenses provided that you make available to them an accounting for these expenses, by providing actual receipts.
I think this is better strategy to pursue for 2008. | 
