tax question - GoFuckYourself.com

Clay · 02-10-2002, 07:31 AM

I only got one 1099 from one sponsor. The rest of my sponsors I made small money with (under $200).

Should I expect to get 1099's from the sponsors I onoly made small money with?

amadman · 02-10-2002, 08:05 AM

I think it is $600 but not sure.

Chris R · 02-10-2002, 08:33 AM

I haven't gotten 1099s yet from at least three well known sponsors (in the US) that I have made thousands with.

According to Persian Kitty, a lot of these sponsors wait until february - as that is when they are supposed to be turned into the IRS - even though they are supposed to be given to the person by the end of January.

And no, I usually don't get 1099s for less than $600. I can't remember if I ever have. Banks are don't have to send you their version of the 1099 unless you make more than $10.00 in interest, but I have been sent them for having less than 50 cents in interest.

optikalz · 02-10-2002, 09:41 AM

Wait another month then send your stuff to your accountant. The liability for issuing 1099's falls on your non issuing sponsors.

Quote:

Originally posted by Clay
I only got one 1099 from one sponsor. The rest of my sponsors I made small money with (under $200).

Should I expect to get 1099's from the sponsors I onoly made small money with?

Lane · 02-10-2002, 10:16 AM

2 of my 1099's are $22 and $25

wtf?

kane · 02-10-2002, 12:00 PM

I've noticed that many sponser don't even seem to send them out. Last year I only got about half of the 1099's I should have gotten. But you still have to report the income.

goodgirl · 02-10-2002, 02:28 PM

You don't attach 1099s to your return, so you don't really need them, you should know what you made from them.

gg

02-10-2002, 07:31 AM	#1
Clay Confirmed User Join Date: Dec 2001 Posts: 735	tax question I only got one 1099 from one sponsor. The rest of my sponsors I made small money with (under $200). Should I expect to get 1099's from the sponsors I onoly made small money with?

02-10-2002, 08:05 AM	#2
amadman Confirmed User Join Date: Nov 2001 Location: padded room Posts: 738	I think it is $600 but not sure. __________________ Affordable Quality Niche Content at <a href="http://reyko.com/in.php?ref=amadman">Reyko</a> Please submit your free and AVS sites <a href="http://xstash.com/sexpack/submit.html">here</a>

02-10-2002, 10:16 AM	#5
Lane Will code for food... Join Date: Apr 2001 Location: Buckeye, AZ Posts: 8,496	2 of my 1099's are $22 and $25 wtf? __________________

02-10-2002, 02:28 PM	#7
goodgirl Confirmed User Industry Role: Join Date: Jul 2001 Location: Behind the monitor since 1988 Posts: 1,679	You don't attach 1099s to your return, so you don't really need them, you should know what you made from them. gg __________________ Got Web Host providing Website Hosting since 2002.

02-10-2002, 08:33 AM	#3
Chris R Confirmed User Join Date: May 2001 Location: Baltimore, MD USA Posts: 1,151	I haven't gotten 1099s yet from at least three well known sponsors (in the US) that I have made thousands with. According to Persian Kitty, a lot of these sponsors wait until february - as that is when they are supposed to be turned into the IRS - even though they are supposed to be given to the person by the end of January. And no, I usually don't get 1099s for less than $600. I can't remember if I ever have. Banks are don't have to send you their version of the 1099 unless you make more than $10.00 in interest, but I have been sent them for having less than 50 cents in interest.

02-10-2002, 12:00 PM	#6
kane Too lazy to set a custom title Join Date: Aug 2001 Location: portland, OR Posts: 20,684	I've noticed that many sponser don't even seem to send them out. Last year I only got about half of the 1099's I should have gotten. But you still have to report the income.