Can't get employer to give 1099

Discussion in 'Tax' started by kolesmimi@gmail.com, Apr 15, 2006.

  1. Guest

    What do I do if I cannot get a contractor that I did
    sub-contract work for all of 2005 to issue me a form 1099?
    He says he don't have one and for me to look back at my
    deposits and figure it out, I can't do that because
    deposits sometimes included other things or were "less cash
    received"

    Need advice quickly, he is being a jerk about this

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    , Apr 15, 2006
    #1
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  2. Missy Guest

    wrote:

    > What do I do if I cannot get a contractor that I did
    > sub-contract work for all of 2005 to issue me a form 1099?
    > He says he don't have one and for me to look back at my
    > deposits and figure it out, I can't do that because
    > deposits sometimes included other things or were "less cash
    > received"
    >
    > Need advice quickly, he is being a jerk about this


    You will have to look at your deposit slips and try to
    figure it out. You might just ask him for a figure. You do
    not need the 1099 to report the income.

    Missy Doyle

    << ======================================================= >>
    << The foregoing is intended for educational purposes only >>
    << and does NOT constitute legal OR professional advice. >>
    << >>
    << The Charter and the Guidelines for submitting >>
    << messages to this newsgroup are at www.asktax.org. >>
    << Copyright (2006) - All rights reserved. >>
    << ======================================================= >>
     
    Missy, Apr 16, 2006
    #2
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  3. wrote:

    > What do I do if I cannot get a contractor that I did
    > sub-contract work for all of 2005 to issue me a form 1099?
    > He says he don't have one and for me to look back at my
    > deposits and figure it out, I can't do that because
    > deposits sometimes included other things or were "less cash
    > received"
    >
    > Need advice quickly, he is being a jerk about this


    It the amoun were over 600$ then he should have already
    issued a 1099-misc to you.

    HOWsomeever....... you are self employed, and it is always
    incumbent upon you to maintain suitable records of your
    income and expenses.

    As for those "mixed" deposits, can you imagine what fun IRS
    would have should they ever audit you? (I can)

    ChEAr$$$$,
    Harlan Lunsford, EA n LA

    << ======================================================= >>
    << The foregoing is intended for educational purposes only >>
    << and does NOT constitute legal OR professional advice. >>
    << >>
    << The Charter and the Guidelines for submitting >>
    << messages to this newsgroup are at www.asktax.org. >>
    << Copyright (2006) - All rights reserved. >>
    << ======================================================= >>
     
    Harlan Lunsford, Apr 16, 2006
    #3
  4. ebtaxbiz Guest

    I worked in major CPA firm's tax department for over 20
    years, and we dealt with this type of issue all the time.
    If there's no 1099, the IRS has no record of this income.
    Also, unless you have some other red flag on your return,
    there is very little chance you'll ever be audited. What I
    would do in this situation is a reasonable estimate of your
    income. Estimates are allowable on tax returns and used
    quite often with no bad result. Not only is this income
    amount too small for the IRS to do anything about (based on
    a cost/benefit analysis) but they know that if they spend
    all the time on an audit getting you to calculate the
    precise number, that you may end up getting a refund instead
    of having to pay more taxes. Just come up with a reasonable
    number, don't cheat yourself, and then sleep soundly knowing
    the IRS has much bigger fish to fry. (Think Leona Helmsley
    here.)

    EBT

    << ======================================================= >>
    << The foregoing is intended for educational purposes only >>
    << and does NOT constitute legal OR professional advice. >>
    << >>
    << The Charter and the Guidelines for submitting >>
    << messages to this newsgroup are at www.asktax.org. >>
    << Copyright (2006) - All rights reserved. >>
    << ======================================================= >>
     
    ebtaxbiz, Apr 17, 2006
    #4
  5. <> wrote:

    > What do I do if I cannot get a contractor that I did
    > sub-contract work for all of 2005 to issue me a form 1099?
    > He says he don't have one and for me to look back at my
    > deposits and figure it out, I can't do that because
    > deposits sometimes included other things or were "less cash
    > received"
    >
    > Need advice quickly, he is being a jerk about this


    As a business owner, it's up to you to maintain good books
    and records. You should know how much he paid you WITHOUT
    receiving a 1099 and you should report all of your income
    from your business activities whether or not you received
    documentation of such income (i.e., 1099's). If you cannot
    determine the amount of income you received during the year,
    how organized are you about properly recording your
    expenditures? How well prepared would you be if you had to
    provide documentation and support for any given item on your
    tax return?

    << ======================================================= >>
    << The foregoing is intended for educational purposes only >>
    << and does NOT constitute legal OR professional advice. >>
    << >>
    << The Charter and the Guidelines for submitting >>
    << messages to this newsgroup are at www.asktax.org. >>
    << Copyright (2006) - All rights reserved. >>
    << ======================================================= >>
     
    San Diego CPA, Apr 27, 2006
    #5
  6. Chris Guest

    I understand that LAWS are governing this issue. why don't
    you just report this problem to the IRS, since you are no
    longer working for him. If you still work for him or hope to
    work for him in the future, I would politely explain your
    need again. He won't want to be audited over such a silly
    thing, will he?

    << ======================================================= >>
    << The foregoing is intended for educational purposes only >>
    << and does NOT constitute legal OR professional advice. >>
    << >>
    << The Charter and the Guidelines for submitting >>
    << messages to this newsgroup are at www.asktax.org. >>
    << Copyright (2006) - All rights reserved. >>
    << ======================================================= >>
     
    Chris, Apr 28, 2006
    #6
  7. LTSLLC Guest

    The advise to estimate your gross income and not to worry
    about the audit are correct.

    If nothing else, maybe this will soothe your frustration.
    If/when the contractor gets audited by the IRS and he didn't
    issue any 1099's and paid you and other sub-contractor's in
    cash, then he'll have a hard time proving any deduction he
    took for payments to contract labor.

    Rudy
    www.LizcanoTaxServicesLLC.com

    Disclaimer: The posted answer is for educational purposes
    only and Lizcano Tax Services, LLC and/or Rudy Lizcano have
    not been engaged to render any accounting, legal, or other
    professional services.

    << ======================================================= >>
    << The foregoing is intended for educational purposes only >>
    << and does NOT constitute legal OR professional advice. >>
    << >>
    << The Charter and the Guidelines for submitting >>
    << messages to this newsgroup are at www.asktax.org. >>
    << Copyright (2006) - All rights reserved. >>
    << ======================================================= >>
     
    LTSLLC, May 5, 2006
    #7
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