Discussion:1099 for client no amount
From TaxAlmanac, A Free Online Resource for Tax Professionals
Note: You are using this website at your own risk, subject to our Disclaimer and Website Use and Contribution Terms.
From TaxAlmanac
(Difference between revisions)
| Revision as of 19:59, 9 March 2008 Sandysea (Talk | contribs) (New Discussion) ← Previous diff |
Revision as of 20:03, 9 March 2008 Bottom Line (Talk | contribs) (She's responsibl) Next diff → |
||
| Line 3: | Line 3: | ||
| {{ForumNewPost|UserID=Sandysea|Date=9 March 2008|Text=Got a 1099-Misc for a client with direct sales (like candles, etc. in home parties). Her 1099 shows in box 9 checked that the recipient had direct sales of over 5K. I have no books, records or any other sort of information on what she actually sold. She gave me a break down of supplies, cell phine, internet and gas.....guess she goes to parties all across a tri county area, but these numbers are simply not working. Cell Phone I assume is personal/business, internet, same, gas, what in the F**K? Is there any way to reconstruct expenses for direct sales when the 1099 states over 5K, but she is saying I am only claiming the 5K because I don't have any records? }} | {{ForumNewPost|UserID=Sandysea|Date=9 March 2008|Text=Got a 1099-Misc for a client with direct sales (like candles, etc. in home parties). Her 1099 shows in box 9 checked that the recipient had direct sales of over 5K. I have no books, records or any other sort of information on what she actually sold. She gave me a break down of supplies, cell phine, internet and gas.....guess she goes to parties all across a tri county area, but these numbers are simply not working. Cell Phone I assume is personal/business, internet, same, gas, what in the F**K? Is there any way to reconstruct expenses for direct sales when the 1099 states over 5K, but she is saying I am only claiming the 5K because I don't have any records? }} | ||
| + | |||
| + | {{ForumReplyPost|UserID=Bottom Line|Date=9 March 2008|Text=She's responsible for keeping track of this. Partylight told her this in one of their pep rallies. Hand it back to her and tell her she needs to give you what you need. May be a little education needed here but don't spend more than 20 minutes on it. | ||
| + | |||
| + | }} | ||
Revision as of 20:03, 9 March 2008
Discussion Forum Index --> Basic Tax Questions --> 1099 for client no amount
Discussion Forum Index --> Tax Questions --> 1099 for client no amount
| 9 March 2008 | |
| Got a 1099-Misc for a client with direct sales (like candles, etc. in home parties). Her 1099 shows in box 9 checked that the recipient had direct sales of over 5K. I have no books, records or any other sort of information on what she actually sold. She gave me a break down of supplies, cell phine, internet and gas.....guess she goes to parties all across a tri county area, but these numbers are simply not working. Cell Phone I assume is personal/business, internet, same, gas, what in the F**K? Is there any way to reconstruct expenses for direct sales when the 1099 states over 5K, but she is saying I am only claiming the 5K because I don't have any records? | |
Bottom Line (talk|edits) said: | 9 March 2008 |
| She's responsible for keeping track of this. Partylight told her this in one of their pep rallies. Hand it back to her and tell her she needs to give you what you need. May be a little education needed here but don't spend more than 20 minutes on it. | |
