View Full Version : 1099's for 2005
MustangSally
02-23-2006, 07:38 PM
Has anyone got their 1099's from the track yet?
311DIRTDAWG
02-23-2006, 08:21 PM
I Havent Got Mine......what Can We Do To Get Them..i Know They Have Been Contacted About It.....what Irs Office Can We Call To Ask Them About This......dirtdawg
tha HOGG 19
02-23-2006, 11:29 PM
i know call...............1-800-BOBBY WHO...........
he will awnser all questions!!!!!!!!!!!!........LOLOLOLOLOL.......lma o
JONES
MustangSally
02-24-2006, 06:05 AM
Well I called Jaybird and he told me that they were done and took up to Bobby's Johns wife. I couldn't figure out why he took them up there. Someone correct me if I'm wrong on this....but he sold the track to someone else. The new party is not able to do business under Dick's fed id #....so don't that mean that we should get a 1099 from Dick and another 1099 from Johns....that is if you was awarded $600 from each of them.
MustangSally
02-24-2006, 06:08 AM
I Havent Got Mine......what Can We Do To Get Them..i Know They Have Been Contacted About It.....what Irs Office Can We Call To Ask Them About This......dirtdawg
Well by law, the 1099's were soposta be sent out by January 31st. I will look into finding an IRS # to call and post it here.
Dwayne
02-24-2006, 08:06 AM
From irs.gov
The following is a list of important dates. Also see Publication 509, Tax Calendars for 2006.
Note.
If any date shown below falls on a Saturday, Sunday, or federal holiday, use the next business day. A statewide legal holiday delays a filing due date only if the IRS office where you are required to file is located in that state. For any due date, you will meet the “file” or “furnish” requirement if the form is properly addressed and mailed First-Class or sent by an IRS-designated private delivery service on or before the due date. See Private Delivery Services on page 5 for more information on IRS-designated private delivery services.
By January 31
Furnish Forms 1099 and W-2. Furnish each employee a completed Form W-2, Wage and Tax Statement. Furnish each other payee a completed Form 1099 (for example, Form 1099-R, Distributions From Pensions, Annuities, Retirement or Profit-Sharing Plans, IRAs, Insurance Contracts, etc., and Form 1099-MISC, Miscellaneous Income).
Contact My Local Office
IRS Taxpayer Assistance Centers (TAC) are your source for personal tax help when you believe your tax issue cannot be handled online or by phone, and you want face-to-face tax assistance. Taxpayer Assistance Centers are closed for all Federal Holidays.
*
To view a list of all Taxpayer Assistance Centers in your state, click on the map or state links below.
*
To search for the Taxpayer Assistance Center closest to you, enter your 5-digit ZIP Code into the Office Locator- Walk-In Site Search. NOTE: The maximum search distance available in the Office Locator is 100 miles. If a Taxpayer Assistance Center is not within 100 miles of the ZIP Code you entered, use the map or state links below to locate the office closest to you.
http://www.irs.gov/localcontacts/index.html
jOnEsEy 19
02-24-2006, 11:54 AM
got mine today!
Adam
camlobe
02-24-2006, 12:47 PM
What might a 1099 be? I aint never got one..........didnt know nothin bout it.
Dwayne
02-24-2006, 04:06 PM
In the world of income and taxation, corporations, small businesses, and other employers use a variety of forms to record the income earned by an employee or an independent contractor. Typically, employees of a business receive a W-2 form that lists the income they received during the year. This form also contains deductions taken from that income in the form of federal and state taxes, deferred compensation and social security contributions, to name a few. 1099 forms are used for a number of reasons, though, typically, they are given to independent contractors--also known as "freelancers"--as a record of the income they received from a particular business.
On a 1099 MISC Form, the income earned will be noted, but there will not be any deductions for federal and state income taxes, nor will any deferred compensation, social security, or medical deductions be taken. Since the 1099 recipient is not an employee of the business, the business is obligated only to tender the income to the contractor sans any deductions. This 1099 income is also reported to the Internal Revenue Service so it has the opportunity to track income from freelance workers. The freelancer will be obligated to make his or her own tax deductions and forward such payments to the IRS.
Those who receive 1099 income come from a wide spectrum. Actors, artists, novelists, freelance writers and similar creative artists are generally compensated on a "per job" basis, and are not treated as employees. More and more businesses are bringing in independent contractors to work on a similar "per job" basis, as this helps keep the employer costs down since the employer does not have to pay for such things as health and life insurance, as well as make contributions to retirement plans. After the job is completed, the employer can cut the cord and simply issue the independent contractor a 1099 Form.
Though the 1099 MISC Form is the most popular, 1099 forms are also issued to denote the interest (1099 INT) the government may have paid in a particular tax year, and 1099 G Form denotes any tax refund you may have received from the government.
~giggles~
02-24-2006, 04:56 PM
we got ours today too!
311DIRTDAWG
02-25-2006, 01:50 AM
Well Dern...i Did Too.....kinda Funny....put Something On Here A Couple Days Ago And All Of A Sudden We Get Them..things That Make You Go Huh....dirtdawg
camlobe
02-27-2006, 06:41 AM
Got mine Sat. Lil late now.......
DirtGirl27
03-01-2006, 09:46 AM
hmmmmmm, a month late....what about those that have filed and gotten their money already :07Sucks: :furious3: :ThumbsDown: :wink2: :icon_bleah: :rant:
MustangSally
03-01-2006, 03:11 PM
hmmmmmm, a month late....what about those that have filed and gotten their money already :07Sucks: :furious3: :ThumbsDown: :wink2: :icon_bleah: :rant:
I see an amended return in their future!
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