Hey i got a ibook from IRC and many people got a 1099 form after getting the ibook. I never got a 1099 so am i lucky or should i be worried.
You get them by Jan 31st for the previous year.
huh so i got my ibook sometime in january so when will i get the form
so the 1099 is a form i give when i file my taxes and is every single person going to get a form
you will get your form before Jan 31st of next year.
does it come from IRC or from the IRS? i am guessing irc but i am just checking
Comes from IRC to file with the IRS. 31st of next year is the deadline for business to give you they tax info.
You don't actually "file" a 1099 - you enter the information on it on your own tax return. 1099-MISC is an "information" document - the IRS doesn't see it.
along with this, the company that sends you the 1099-MISC does not file a 1099-MISC but instead reports the outgoing cash on their return, along with your name/ssn.
what if you dont file it?
[quote8a2513263d="kingpin nyc"]what if you dont file it?[/quote8a2513263d]
federal pound me in the ass prison