answersLogoWhite

0

Form 1099-MISC is Miscellaneous Income. The business where you work provides you with Form 1099-MISC (instead of Form W-2 Wage and Tax Statement) when they consider you as self-employed, NOT an employee. Employers are required to provide/send 1099-MISC and W-2 forms by January 31st. If January 31st falls on a weekend, then the deadline is extended to the next business day. You should contact the business directly if you haven't received Form 1099-MISC by that deadline. If the business fails to provide it to you by mid-February, then you should contact the IRS at 1-800-829-1040.

User Avatar

Wiki User

15y ago

What else can I help you with?

Continue Learning about Accounting

Do you pay income tax that an employee owed when they send it in a 1099 form?

Form 1099 is used for NON-employee compensation; for example, a contractor. If the person is an employee, then you need to file a W-2 form to report wages and withholding.


What is a 1099-MISC form?

A 1099-MISC is a tax report form. You use it to declare income which did not come from being an employee. Such income can be prizes, rents, royalties etc.


How can I obtain a 1099 form?

A 1099 form can be found at numerous webistes for download and printing. You can also contact the IRS for additional forms and education on tax procedures.


Should I get a 1099 tax form for 1200 a month from my employer?

Any income that you make as a contract employee should be recorded on a 1099. Even if you only worked one day, if you were paid for that work the employer must provide you with a form 1099. If you have not received this form by January 31, contact the firm and/or the IRS to obtain it. Alternately, if you still have all the pay stubs for this employment, you can figure out how much was received and use it on your taxes, while including a form 4852 stating the 1099 or W2 wasn't received. Of course, if you are an employee - your earnings AND withholdings will be reflected on a W-2, not a 1099.


Can I obtain a 1099 misc form for 2007?

Yes, you can get a 2007 1099-MISC form from the IRS. Go to their website at http://www.irs.gov/formspubs/index.html, click on 'Previous years' and then select the year you want. 1099-MISC is one of the many tax forms available there.

Related Questions

Do I have to give my tutor a 1099 form?

If you paid your tutor 600 or more in a year and they are not an employee, you are required to give them a 1099 form for tax purposes.


Do you pay income tax that an employee owed when they send it in a 1099 form?

Form 1099 is used for NON-employee compensation; for example, a contractor. If the person is an employee, then you need to file a W-2 form to report wages and withholding.


How can I obtain a 1099 form from my employer?

To obtain a 1099 form from your employer, you can simply request it directly from the human resources or payroll department. They should be able to provide you with the necessary form for tax reporting purposes.


What is 1099 misc form?

A 1099-MISC is a tax report form. You use it to declare income which did not come from being an employee. Such income can be prizes, rents, royalties etc.


What is a 1099-MISC form?

A 1099-MISC is a tax report form. You use it to declare income which did not come from being an employee. Such income can be prizes, rents, royalties etc.


How can I obtain a 1099 form?

A 1099 form can be found at numerous webistes for download and printing. You can also contact the IRS for additional forms and education on tax procedures.


What is a 1099-misc and what is it used for?

1099-misc is a type of tax form. If you do work for a company (as a contractor or non employee) and you earn $600 or more in a year, the company must report the income to the IRS and issue you a 1099-misc. It is also used a tax form for royalties.


I need my 1099 form to do taxes?

If you are an independent contractor or self-employed individual, you may need a 1099 form to do your taxes. A 1099 form is used to report income that you received as a contractor or freelancer. If you earned more than $600 from a client during the tax year, they are required to provide you with a 1099 form. You can obtain your 1099 form from the client who paid you, as they are required to provide you with a copy. If you have not received your 1099 form from a client, you can contact them and request a copy. If you are unable to obtain a copy of your 1099 form from the client, you can still report your income on your tax return using your own records and receipts. However, it is important to try and obtain a 1099 form if possible, as it may help to avoid discrepancies and issues with the IRS.


Should I get a 1099 tax form for 1200 a month from my employer?

Any income that you make as a contract employee should be recorded on a 1099. Even if you only worked one day, if you were paid for that work the employer must provide you with a form 1099. If you have not received this form by January 31, contact the firm and/or the IRS to obtain it. Alternately, if you still have all the pay stubs for this employment, you can figure out how much was received and use it on your taxes, while including a form 4852 stating the 1099 or W2 wasn't received. Of course, if you are an employee - your earnings AND withholdings will be reflected on a W-2, not a 1099.


Does a landlord need to give a tenant a 1099?

A 1099 is a miscellaneous income tax form. Unless the tenant was an employee of the landlord, there would never be a need for a tax form.


How to file a 1099 NEC form for tax purposes?

To file a 1099-NEC form for tax purposes, you need to report non-employee compensation you paid to individuals or businesses. You can do this by filling out the form with the recipient's information, the amount paid, and sending a copy to the IRS and the recipient by the deadline.


How do I file a 1099 form for tax purposes?

To file a 1099 form for tax purposes, you need to report income earned as an independent contractor or freelancer. Obtain the form from the IRS or use tax software, fill it out with accurate information, and send copies to the IRS, the recipient, and any relevant state tax agencies by the deadline.