1099?
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1099? (by Ted [TN]) Jan 19, 2022 6:35 AM
       1099? (by NE [PA]) Jan 19, 2022 7:30 AM
       1099? (by WMH [NC]) Jan 19, 2022 8:48 AM
       1099? (by Chris [CT]) Jan 19, 2022 11:32 AM
       1099? (by MAP [NY]) Jan 20, 2022 8:50 AM
       1099? (by LordZen [MA]) Jan 20, 2022 9:04 AM
       1099? (by RentsDue [MA]) Jan 24, 2022 8:06 AM

1099? (by Ted [TN]) Posted on: Jan 19, 2022 6:35 AM
Message:

Hello everyone,

I paid a handyman over 3k in 2021. I only have one rental. What do I need to do to comply with the IRS? Thanks --99.102.xx.xxx



1099? (by NE [PA]) Posted on: Jan 19, 2022 7:30 AM
Message:

Do you want his payment officially off of your books. Issue a 1099. --24.152.xxx.xx



1099? (by WMH [NC]) Posted on: Jan 19, 2022 8:48 AM
Message:

You must issue a 1099-NEC (Non-employee Compensation) UNLESS he is a true "company" and not a sole proprietor or LLC.

And you better do it soon. The fines are huge this year and the dates are like right now as to when you have to issue them. --50.82.xxx.xxx



1099? (by Chris [CT]) Posted on: Jan 19, 2022 11:32 AM
Message:

Next time you hire a contractor get them to fill out a W9 before they receive there check. Now you don't have to chase them!

Anyone who is paid $600 or more is given a 1099. --24.45.xxx.xxx



1099? (by MAP [NY]) Posted on: Jan 20, 2022 8:50 AM
Message:

My husband unfortunately hired his ex-"BIL" who is a druggie and on social services/SSI/SSD. I only know his first name. I would LOVE to send that bum a 1099-NEC!! BWA HA HA HA! --72.231.xxx.xx



1099? (by LordZen [MA]) Posted on: Jan 20, 2022 9:04 AM
Message:

I have hired people to do jobs over 600 and never used this 1099 neither W9, oh my God, i am so lost! I just keep receipts!.

Thanks for the post! --98.216.xx.xxx



1099? (by RentsDue [MA]) Posted on: Jan 24, 2022 8:06 AM
Message:

This is really an easy process. Your local office supply store has the forms . The instructions to manually enter the information is easy enough if you only have a few or you don’t have a software program to import the information from. If you don’t have the SS#, send it without one. It’s better than not sending it at all. The IRS will send you a letter telling you that you forgot it and do better next time. --68.191.xx.xx



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