Posts tagged as:

1099

Ask the taxgirl: Missing 1099 or Other Tax Forms

28 February 2010

Taxpayer asks:
What are my options if an employer has not provided me with my 1099 yet? I have asked them at least once a week since February 15th and keep being told they are coming. I have a full record of how much they have paid me, am I able to just leave [...]

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Ask the taxgirl: My Ex-Employer Committed Fraud

5 January 2010

Taxpayer asks:
3 years ago I worked for a company and was W2′d, I quit after 3 months. And just yesterday the IRS sent me a notice tht I owed them $4200. I have never owed $ to anyone or have been late on anything in my life so I was shocked, I called them and [...]

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Online Merchants Brace for New Reporting Requirements

15 December 2009

The Housing Assistance Tax Act of 2008 made headlines as part of the larger Housing and Economic Recovery Act of 2008, or HERA, signed into law by President Bush. HERA was introduced as HR 3221 by Rep. Nancy Pelosi (D-CA), with the title: A bill to provide needed housing reform and for other purposes and [...]

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Ask the taxgirl: Do I Need a Form 1099?

19 November 2009

Taxpayer asks:
Several elderly friends have asked me to help them with administratrive work in there home. I would probably do this on an ongoing basis and I am sure each would end up paying me more that $600 a year. I would report all of this money (Schedule C I think) but am [...]

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Ask the taxgirl: Overtime and 1099s

8 April 2009

Taxpayer asks:
Hello, I have a question concerning a 1099 . I work for a company full time and get a w-2 at the end of the year. I have been asked to work additional hours and know that they usually do not like overtime. Can i ask them to 1099 me at [...]

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Ask the taxgirl: Should I Ask Performers to Complete a Form W-9?

24 March 2009

Taxpayer asks:
Hi there. I work for a church that has musicians perform on a regular basis (at least once a month). We cut them a check each time they perform; nothing is run through payroll. Do they need to fill out a W-9? If yes, what do I need to [...]

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Ask the taxgirl: Can I refuse to complete a form W-9?

19 March 2009

Taxpayer asks:
I have a Q. We run a large tow truck company. We tow for the Police, Sheriff, and Highway Patrol, as well as Federal Military Police. We also take private callers with disabled vehicles. We do our taxes every year with our CPA.
We received an emergency call in January. [...]

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Ask the taxgirl: Reporting 1099 Income

19 March 2009

Taxpayer asks:
To Whom it may concern,
I have a 1099 form that records that I made $600.50. I have a regular job that I have my W-2 with. Because the amount is $600.50, do I need to include it on my 2008 taxes?
If so, can you advise me how? Never have done this before.
Thanks.
Taxgirl [...]

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Ask the taxgirl: Independent Contractor and Employee in the Same Tax Year

4 March 2009

Taxpayer asks:
Hello Taxgirl,
I have a simple, yet complicated tax question. I worked for a company last year for the first 5 months, then for the last 7 months I was self- employed. Do I file two separate forms? Anything you can tell me I will greatly appreciate.
Thank you,
Taxgirl says:
Here’s a lawyerly answer for you: yes [...]

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Ask the taxgirl: 1099 for Rent

10 February 2009

Taxpayer asks:
I am a sole prop and paid rent to an accountant who is a professional corporation. Do I need to 1099 him?

Taxgirl says:
No, you generally don’t issue a form 1099 for rental payments made to corporations (there are some exceptions). For more on when a form 1099 might be appropriate, check out [...]

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