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sending out 1099s sending out 1099s
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Old 03-02-2006, 08:00 PM   #1
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sending out 1099s
why are companies still sending out 1099s... a month past the required date? today i received one post marked 02-28-06 and have gotten 3 others dated after 2-20. i was under the impression the deadline was jan 31st. anyone else getting these?
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Old 03-02-2006, 08:02 PM   #2
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Heh, I still haven't gotten one from AFF.
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Old 03-02-2006, 08:02 PM   #3
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Originally Posted by Babaganoosh
Heh, I still haven't gotten one from AFF.
thats the one i received today
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Old 03-02-2006, 08:03 PM   #4
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a few i didnt get.. im kinda happy about
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Old 03-02-2006, 08:04 PM   #5
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a few i didnt get.. im kinda happy about
When I don't get one I always wonder if the money was reported and I just didn't get a 1099 for it or if they didn't even report it.
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Old 03-02-2006, 08:06 PM   #6
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Originally Posted by Babaganoosh
When I don't get one I always wonder if the money was reported and I just didn't get a 1099 for it or if they didn't even report it.
odds are didnt report it.. or atleast thats how i like to look at it lol
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Old 03-02-2006, 08:06 PM   #7
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thats the one i received today
I'd have my taxes done by now if it weren't for those guys. As I remember I had to wait on them last year too.
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Old 03-02-2006, 08:08 PM   #8
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odds are didnt report it.. or atleast thats how i like to look at it lol
I hope you're right. They don't have to report less than $600, right?
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Old 03-02-2006, 08:09 PM   #9
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Quote:
Originally Posted by bringer
why are companies still sending out 1099s... a month past the required date? today i received one post marked 02-28-06 and have gotten 3 others dated after 2-20. i was under the impression the deadline was jan 31st. anyone else getting these?


i just sent out mine earlier this week ! lol



well, the reason you prolly just getting them now is cause companies like to wait till the last day on stuff like this


Jan 31: last day to send out W-2's to employee's (& W-2 red-forms to IRS)

Feb 28: last day to send out 1099's (& 1099 red forms to IRS)
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Old 03-02-2006, 08:10 PM   #10
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It is Jan 31st. I guess they don't care if they are late because no one is reporting them to the IRS. I think it's up to $100K fine for failure to send 1099s on time.
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Old 03-02-2006, 08:11 PM   #11
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Quote:
Originally Posted by FelixFlow
Jan 31: last day to send out W-2's to employee's (& W-2 red-forms to IRS)

Feb 28: last day to send out 1099's (& 1099 red forms to IRS)
its my understanding that those dates differ from state to state
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Old 03-02-2006, 08:17 PM   #12
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its my understanding that those dates differ from state to state

Nope. Federal laws apply the SAME to everyone.
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Old 03-02-2006, 08:21 PM   #13
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a few i didnt get.. im kinda happy about
Watch out for the I....


R....
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Old 03-02-2006, 08:29 PM   #14
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Nope. Federal laws apply the SAME to everyone.
then there are 5-6 "big" companies who have yet to send me one. very annoying
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Old 03-02-2006, 08:31 PM   #15
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then there are 5-6 "big" companies who have yet to send me one. very annoying
Who are they? If they aren't based in the US they don't have to send out 1099s. One such example would be PimpRoll.
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Old 03-02-2006, 09:20 PM   #16
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Its funny we were just discussing this ourselves
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