Posts tagged as:

1099

Ask the taxgirl: Responsibility to Ensure Independent Contractor Files?

4 January 2009

Taxpayer asks:
Aloha
Do I have any liability if I issue a 1099 to a contractor but they fail to report it or file their taxes?
Thanks for your input.

Taxgirl says:
Nope. Your job is done so long as you properly and timely issue the form 1099 to the independent contractor and file the associated paperwork (in most [...]

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Ask the taxgirl: 1099 Deadlines

20 September 2008

Taxpayer asks:
Our company is closing its doors as of this month. When are we required to file 1099’s for the payments made in 2008? We will not be around in February of 2009.
Taxgirl says:
I’ve checked around and it doesn’t appear that there is any prohibition against sending them early. I say, send [...]

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Ask the taxgirl: Forms 1099 and Estates

31 July 2008

Taxpayer asks:
My father my grandmother and (unofficially) I, are administers of a simple (non trust) estate for my recently deceased Uncle. the estate has hired an attorney, a funeral home, a grave tending service, and a guy to help clean the house he lived alone in, and sell personal property contained in the house. [...]

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Ask the taxgirl: Incorrect 1099

17 April 2008

Taxpayer asks:
I received my 1099 on Feb. 8 and noticed that the amount looked higher than it should have been. So I checked my bank records twice. Compared to the 1099, my bank statements said $646.01 less than the 1099.
Feb. 12, I call my ex-boss’ accountant (T), and tell him about this problem. [...]

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Ask the taxgirl: Timing of payments

6 April 2008

Taxpayer asks:
Hi Kelly!
I’m so glad to have found your site – what a great service for all of us! My question is in regards to the 1099-MISC form. I am a small business owner and received a 1099 form for a December 2007 sale however the company did not pay until January 2008. [...]

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Ask the taxgirl: Form 1099 and Schedule C

16 March 2008

Taxpayer asks:
Hi,
I have a question, I’m hoping you can help me resolve my issue.
My husband recieved a 1099 Misc form as his only source of income, but we have be told that he has to file as self-employed been he has to file a Schedule C form, but our conflict is that it is not [...]

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Ask the taxgirl: No 1099

26 February 2008

Taxpayer asks:
I have a question regarding a 1099 or rather a lack there of. I did independent contractor work for a company and they have not issued me a 1099 for 2007. I have a friend who did work for them in years prior and they never issued her one either. Do [...]

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Ask the taxgirl: Prior year forms 1099 and W-2

16 February 2008

Taxpayer asks:
Hello Tax Girl,
I know that there is a form that I can send to the IRS and they will respond with reported 1099’s for 2005. Do you know which form(s) that would be?
Thank you for your help.
Taxgirl says:
It’s not clear from your question whether you have filed a tax return or not. [...]

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Ask the Taxgirl: Issuing a 1099

12 February 2008

Taxpayer asks:
I am an accounts payable clerk for a manufacturing company. Who should we be sending 1099 forms to? What would happen if we sent a 1099 to someone in error?
Taxgirl says:
There are lots of forms 1099. Here’s a quick rundown of some of the most popular:
If your company pays out dividends, [...]

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Ask the Taxgirl: What to do with a 1099

10 February 2008

Taxpayer asks:
I am a driver for a FedEx contractor, and I just recieved my 1099-misc form from my boss(the contractor) and I have no clue as to what to do from here. In the past, my jobs were paid by hourly wage and I received a W-2 for those. This is totally new to me, [...]

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