Comments on: Freelance Tax Annoyances http://www.jeremiahtolbert.com/2010/02/freelance-tax-annoyances/ Writing | Photography | Web Design Wed, 08 Feb 2012 14:48:14 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Roy Huggins http://www.jeremiahtolbert.com/2010/02/freelance-tax-annoyances/comment-page-1/#comment-223134 Roy Huggins Sun, 14 Feb 2010 13:10:44 +0000 http://www.jeremiahtolbert.com/?p=1567#comment-223134 You don't submit 1099s with your return. If you feel your records will match what the clients write on the 1099s then you can feel free to file before you get them. The 1099 comes up if you get audited. You don’t submit 1099s with your return. If you feel your records will match what the clients write on the 1099s then you can feel free to file before you get them. The 1099 comes up if you get audited.

]]> By: Michael Andersen http://www.jeremiahtolbert.com/2010/02/freelance-tax-annoyances/comment-page-1/#comment-223120 Michael Andersen Mon, 08 Feb 2010 07:26:09 +0000 http://www.jeremiahtolbert.com/?p=1567#comment-223120 As one of the guilty parties and a 1099-MISC recipient myself: I don't think you need to send the 1099s in -- your clients do. You only need to know what they contain, so your records match up to the ones the IRS is getting from your clients. In the H&R Block e-file service I used today, information from 1099s was used to populate my Schedule C, self-employment income. But the program didn't spit out a 1099 form for me to send the government (I'm mailing my stuff rather than e-filing) -- just a Schedule C. As one of the guilty parties and a 1099-MISC recipient myself: I don’t think you need to send the 1099s in — your clients do. You only need to know what they contain, so your records match up to the ones the IRS is getting from your clients.

In the H&R Block e-file service I used today, information from 1099s was used to populate my Schedule C, self-employment income. But the program didn’t spit out a 1099 form for me to send the government (I’m mailing my stuff rather than e-filing) — just a Schedule C.

]]> By: domynoe http://www.jeremiahtolbert.com/2010/02/freelance-tax-annoyances/comment-page-1/#comment-223117 domynoe Sun, 07 Feb 2010 19:08:20 +0000 http://www.jeremiahtolbert.com/?p=1567#comment-223117 I always efile as well, and when my husband had 1099s before, the only time we needed to send anything in is when he was the one paying someone else. I would think if you're efiling, you shouldn't have to worry about whether they're all in because you don't actually send them in. I always efile as well, and when my husband had 1099s before, the only time we needed to send anything in is when he was the one paying someone else. I would think if you’re efiling, you shouldn’t have to worry about whether they’re all in because you don’t actually send them in.

]]> By: Scott Marlowe http://www.jeremiahtolbert.com/2010/02/freelance-tax-annoyances/comment-page-1/#comment-223116 Scott Marlowe Sun, 07 Feb 2010 18:18:29 +0000 http://www.jeremiahtolbert.com/?p=1567#comment-223116 More often than not the 1099's I receive are wrong in one way or another, so you're right to keep your own detailed records. As far as having to file them with your return... honestly, I've been e-filing for so long I'm not sure. I never send any of the supporting documentation (w-2's, 1099's, etc.), in other words. If and when the companies you worked for do send the forms, they're required to send one to the IRS as well, so I think as long as your records match theirs you should be OK. That being said, probably best to make sure they do match before sending anything to the IRS. Note that employers are not required to send a 1099 for anything less than $600. More often than not the 1099’s I receive are wrong in one way or another, so you’re right to keep your own detailed records. As far as having to file them with your return… honestly, I’ve been e-filing for so long I’m not sure. I never send any of the supporting documentation (w-2’s, 1099’s, etc.), in other words. If and when the companies you worked for do send the forms, they’re required to send one to the IRS as well, so I think as long as your records match theirs you should be OK. That being said, probably best to make sure they do match before sending anything to the IRS. Note that employers are not required to send a 1099 for anything less than $600.

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