Welcome Guest. Register Now!  



Reply
 
LinkBack Thread Tools Search this Thread Display Modes
  #1 (permalink)  
Old 02-18-2011, 08:27 PM
Junior Member
 
Join Date: Feb 2011
Posts: 1
Problems with Form 1099-MISC

I received a Form 1099-MISC from an employer.
We had some complications and i quit.
They sent me this form with just the Payers name, the Payers federal ID number, my name not correctly written , and an amount in Nonemployee compensation.

so would i have to file this form?



Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Reddit! stumble!bookmark in google!Share on Facebook!
Reply With Quote
  #2 (permalink)  
Old 02-19-2011, 02:17 AM
Moderator
 
Join Date: Oct 2010
Posts: 5,258
"They sent me this form with just the Payers name, the Payers federal ID number, my name not correctly written , and an amount in Nonemployee compensation.so would i have to file this form?"---> No, I don't think so;
you need to back to the company that issued you that 1099-misc and take with you everything you have to prove your figure. Then they have to have everything that they have to prove their figure. If you can prove your figure, then you’ll get a corrected 1099-misc. If they prove their 1099-misc figure, then you will have to accept that amount or you need to contact the IRS by calling the IRS at 1-800-829-1040( to file your complaint to the IRS) and get ahold of the division that handles inaccurate 1099 reporting; as you can see,the company is required their filing with the IRS by end of February of each year by sending 1099 and 1096 or etc. If they fail, there is usually a penalty imposed on the company. That's between IRS and the company. As for you for getting wrong information, you will need to contact the company, as said above, to correct it so they will amend their return with the IRS. Assuming the company has done its due diligence. If the company fails to reissue you a 1099-misc and amend with IRS then you can contact the IRS.


Last edited by Wnhough : 02-19-2011 at 02:20 AM.


Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Reddit! stumble!bookmark in google!Share on Facebook!
Reply With Quote
Ads
Reply



Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Form 1099-Misc Income taxchallenged Income 2 02-15-2011 12:40 AM
1099 misc form naenani Income 0 02-03-2011 11:53 AM
HELP with 1099-misc form! lying boss mcrib26 Ohio 0 02-19-2010 10:45 PM
W2 problems fantomx Income 0 02-18-2009 08:09 PM
1040 and 1099-MISC problems Murk Miscellaneous 1 04-18-2007 02:02 AM

Follow us on Facebook Follow us on Twitter Google Buzz Rss Feeds

» Categories
 
Individual
 » Income
 » IRA/Sep
 » Medical
 
Corporations
 » Payroll
 
Forum for CPAs
 
Financial Planning
 
 
 

» Recent Tax Q&A
No Threads to Display.