I report all my income so I have generally ignored 1099s. But someone >recently mentioned that I might have to send received 1099s to the IRS.
Am I misunderstanding? What's the status of 1099s and the payees?
Stuart O. Bronstein <spam...@lexregia.com> wrote:
I report all my income so I have generally ignored 1099s. But someone >recently mentioned that I might have to send received 1099s to the IRS.The taxpayer attaches copies of information returns with the tax return to prove withholding. Without withholding reported on the information return,
Am I misunderstanding? What's the status of 1099s and the payees?
I haven't heard of attaching it.
--
Adam H. Kerman wrote:
Stuart O. Bronstein <spam...@lexregia.com> wrote:
I report all my income so I have generally ignored 1099s. ButThe taxpayer attaches copies of information returns with the tax
someone recently mentioned that I might have to send received
1099s to the IRS. Am I misunderstanding? What's the status of
1099s and the payees?
return to prove withholding. Without withholding reported on the
information return, I haven't heard of attaching it.
--
The only 1099 form that gets attached to a 1040 is a 1099-R when
there is tax withheld. There is no mention in the 1040
instructions of attaching 1099-MISC or 1099-NEC forms under any circumstances.
On Thursday, February 2, 2023 at 2:15:43 PM UTC-5, Adam H. Kerman wrote: >>Stuart O. Bronstein <spam...@lexregia.com> wrote:
I report all my income so I have generally ignored 1099s. But someone >>>recently mentioned that I might have to send received 1099s to the IRS. >>>Am I misunderstanding? What's the status of 1099s and the payees?
The taxpayer attaches copies of information returns with the tax return to >>prove withholding. Without withholding reported on the information return, >>I haven't heard of attaching it.
The only 1099 form that gets attached to a 1040 is a 1099-R when there
is tax withheld. There is no mention in the 1040 instructions of
attaching 1099-MISC or 1099-NEC forms under any circumstances.
ira smilovitz <ira.sm...@gmail.com> wrote:
On Thursday, February 2, 2023 at 2:15:43 PM UTC-5, Adam H. Kerman wrote: >>Stuart O. Bronstein <spam...@lexregia.com> wrote:
I report all my income so I have generally ignored 1099s. But someone >>>recently mentioned that I might have to send received 1099s to the IRS. >>>Am I misunderstanding? What's the status of 1099s and the payees?
I thought backup withholding could be reported on other information returns. If the taxpayer has been subject to backup withholding, which canThe taxpayer attaches copies of information returns with the tax return to >>prove withholding. Without withholding reported on the information return, >>I haven't heard of attaching it.The only 1099 form that gets attached to a 1040 is a 1099-R when there
is tax withheld. There is no mention in the 1040 instructions of
attaching 1099-MISC or 1099-NEC forms under any circumstances.
certainly include lawyers, isn't that a circumstance in which the
information return that reported it gets attached?
--
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