Comments on: Get your clients to report your freelance income using Form 1099 on time http://www.freshbooks.com/blog/2007/10/29/get-your-clients-to-report-your-freelance-income-using-form-1099-on-time/ A blog about our thoughts on entrepreneurship, teamwork, our services, the Web and anything we find interesting. Sat, 21 Nov 2009 07:27:46 -0500 http://wordpress.org/?v=2.8.4 hourly 1 By: Y Nasr http://www.freshbooks.com/blog/2007/10/29/get-your-clients-to-report-your-freelance-income-using-form-1099-on-time/comment-page-1/#comment-66499 Y Nasr Tue, 12 May 2009 17:42:43 +0000 http://www.freshbooks.com/blog/2007/10/29/get-your-clients-to-report-your-freelance-income-using-form-1099-on-time/#comment-66499 If the employer ignor to issue 1099 for outside labors over $600.00 , What legal libality, and how irs recongize that. please advise. If the employer ignor to issue 1099 for outside labors over $600.00 , What legal libality, and how irs recongize that.
please advise.

]]> By: LaidOffCamp SF | Craisin.com http://www.freshbooks.com/blog/2007/10/29/get-your-clients-to-report-your-freelance-income-using-form-1099-on-time/comment-page-1/#comment-66372 LaidOffCamp SF | Craisin.com Wed, 15 Apr 2009 22:21:43 +0000 http://www.freshbooks.com/blog/2007/10/29/get-your-clients-to-report-your-freelance-income-using-form-1099-on-time/#comment-66372 [...] 1099 Forms This is the IRS form to fill out when reporting your freelance/contractor income. If you’ve earned more than $600 from your employer for your freelancing/contractor services, the employer has to file a 1099 form. For more information about this, I found this really helpful site: FreshBooks.com - Get Your Clients to Report Your Freelance Income Using Form 1099 On Time. [...] [...] 1099 Forms This is the IRS form to fill out when reporting your freelance/contractor income. If you’ve earned more than $600 from your employer for your freelancing/contractor services, the employer has to file a 1099 form. For more information about this, I found this really helpful site: FreshBooks.com – Get Your Clients to Report Your Freelance Income Using Form 1099 On Time. [...]

]]> By: Heather Villa http://www.freshbooks.com/blog/2007/10/29/get-your-clients-to-report-your-freelance-income-using-form-1099-on-time/comment-page-1/#comment-66241 Heather Villa Tue, 31 Mar 2009 00:12:41 +0000 http://www.freshbooks.com/blog/2007/10/29/get-your-clients-to-report-your-freelance-income-using-form-1099-on-time/#comment-66241 Chatty, Your employer has the obligation to provide you with a 1099. Whether or not you received it does not release you from the obligation of reporting the income on your revenue line in your Schedule C. Chatty,

Your employer has the obligation to provide you with a 1099. Whether or not you received it does not release you from the obligation of reporting the income on your revenue line in your Schedule C.

]]> By: chatty http://www.freshbooks.com/blog/2007/10/29/get-your-clients-to-report-your-freelance-income-using-form-1099-on-time/comment-page-1/#comment-66240 chatty Mon, 30 Mar 2009 23:17:30 +0000 http://www.freshbooks.com/blog/2007/10/29/get-your-clients-to-report-your-freelance-income-using-form-1099-on-time/#comment-66240 Dear Heather, As of this date - 3/30/09 I havent receive the 1099 from my employer yet. Am I the one who should report my 1099 income to IRS or my employer? Will I be penalized because as you said it should have been submitted to IRS latest March 2, 2009. Thank you. chatty Dear Heather,

As of this date – 3/30/09 I havent receive the 1099 from my employer yet. Am I the one who should report my 1099 income to IRS or my employer? Will I be penalized because as you said it should have been submitted to IRS latest March 2, 2009.

Thank you.
chatty

]]> By: Heather Villa http://www.freshbooks.com/blog/2007/10/29/get-your-clients-to-report-your-freelance-income-using-form-1099-on-time/comment-page-1/#comment-66011 Heather Villa Wed, 11 Mar 2009 02:39:02 +0000 http://www.freshbooks.com/blog/2007/10/29/get-your-clients-to-report-your-freelance-income-using-form-1099-on-time/#comment-66011 Caroline, Yes 1096's can still be electronically filed. Thank you, Heather Caroline,

Yes 1096’s can still be electronically filed.

Thank you,

Heather

]]> By: Caroline Clarkson http://www.freshbooks.com/blog/2007/10/29/get-your-clients-to-report-your-freelance-income-using-form-1099-on-time/comment-page-1/#comment-66010 Caroline Clarkson Wed, 11 Mar 2009 02:35:43 +0000 http://www.freshbooks.com/blog/2007/10/29/get-your-clients-to-report-your-freelance-income-using-form-1099-on-time/#comment-66010 I submitted 1099's to two independent contractors by the deadline (which was February 15 this year?!) However, I neglected to mail the Copy A & 1096 transmittal by March 2nd. OOPS! - Can my accountant electronically file my Copy A's & 1096? She typically electronically files my return. Thanks I submitted 1099’s to two independent contractors by the deadline (which was February 15 this year?!) However, I neglected to mail the Copy A & 1096 transmittal by March 2nd. OOPS! – Can my accountant electronically file my Copy A’s & 1096?
She typically electronically files my return.
Thanks

]]> By: Heather Villa http://www.freshbooks.com/blog/2007/10/29/get-your-clients-to-report-your-freelance-income-using-form-1099-on-time/comment-page-1/#comment-65923 Heather Villa Tue, 03 Mar 2009 17:20:46 +0000 http://www.freshbooks.com/blog/2007/10/29/get-your-clients-to-report-your-freelance-income-using-form-1099-on-time/#comment-65923 There are 'penalties' determined by the IRS. in 10 years of practice I have only ever seen one imposed. Just complete and get in asap. There are ‘penalties’ determined by the IRS. in 10 years of practice I have only ever seen one imposed. Just complete and get in asap.

]]> By: Ann http://www.freshbooks.com/blog/2007/10/29/get-your-clients-to-report-your-freelance-income-using-form-1099-on-time/comment-page-1/#comment-65915 Ann Tue, 03 Mar 2009 09:45:12 +0000 http://www.freshbooks.com/blog/2007/10/29/get-your-clients-to-report-your-freelance-income-using-form-1099-on-time/#comment-65915 On the 1096 form it said to file by March 02, 2009 with forms 1099, 1098,or W-2G. What is the penalties if I missed the dead line date to file the 1096 and 1099 forms? I did not realize that issue until today (March 03, 2009). On the 1096 form it said to file by March 02, 2009 with forms 1099, 1098,or W-2G. What is the penalties if I missed the dead line date to file the 1096 and 1099 forms? I did not realize that issue until today (March 03, 2009).

]]> By: Shon Moore http://www.freshbooks.com/blog/2007/10/29/get-your-clients-to-report-your-freelance-income-using-form-1099-on-time/comment-page-1/#comment-65811 Shon Moore Wed, 25 Feb 2009 04:36:48 +0000 http://www.freshbooks.com/blog/2007/10/29/get-your-clients-to-report-your-freelance-income-using-form-1099-on-time/#comment-65811 Heather Villa's comment says it all in a nutshell. "Depending on the differences, yes could raise a red flag". This can cause audits, and is unecessary grief for the independent contractor who was not provided an accurate form from the company who paid for services rendered. In my case, I kept very accurate records and had a house fire. Thus, was dependent on the vendor having their chit together and sending me in a timely manner. I asked them to send me one, they didnt respond to my multiple emails, and just now requested address and ss# to resend. Now i have to hault my accountant from completing and wait for the info (pain in the arse). If a major business is that irresponsible, and there is no record after documented diligent attempts, then that company should be severely punished so the same mistake isnt made ever again. Heather Villa’s comment says it all in a nutshell. “Depending on the differences, yes could raise a red flag”. This can cause audits, and is unecessary grief for the independent contractor who was not provided an accurate form from the company who paid for services rendered. In my case, I kept very accurate records and had a house fire. Thus, was dependent on the vendor having their chit together and sending me in a timely manner. I asked them to send me one, they didnt respond to my multiple emails, and just now requested address and ss# to resend. Now i have to hault my accountant from completing and wait for the info (pain in the arse). If a major business is that irresponsible, and there is no record after documented diligent attempts, then that company should be severely punished so the same mistake isnt made ever again.

]]> By: Heather Villa http://www.freshbooks.com/blog/2007/10/29/get-your-clients-to-report-your-freelance-income-using-form-1099-on-time/comment-page-1/#comment-65717 Heather Villa Fri, 20 Feb 2009 18:00:48 +0000 http://www.freshbooks.com/blog/2007/10/29/get-your-clients-to-report-your-freelance-income-using-form-1099-on-time/#comment-65717 It can work both ways and depends on the employers accounting system. However, if they report with reimbursed expenses, then you are supposed to claim the reimbursed expenses as deductions (office supplies, etc.). If they report without reimbursed expenses, then your reimbursed expenses should not be deducted on your end. Depending on the differences, yes it could raise a red flag. It can work both ways and depends on the employers accounting system. However, if they report with reimbursed expenses, then you are supposed to claim the reimbursed expenses as deductions (office supplies, etc.). If they report without reimbursed expenses, then your reimbursed expenses should not be deducted on your end.

Depending on the differences, yes it could raise a red flag.

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