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#3
07-23-2004, 01:21 PM
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 Re: Do not for profits issue 1099's Bill Lentz <blentz[at]negatorygoodbuddy.prodigy.net> wrote: - quote - > I've become the treasurer for the High School Band Boosters
Yes. It's $600 or more, not over $600.> organization. We're a 501c3. We use college students as > instructors during band camp, and we also use individuals as > judges for a competition we run. Are we required to issue > 1099's if we pay anyone over $600 in a year? Why aren't the instructors employees? Unless some of them are instructors already, my guess would be that they are employees of the band camp. Perhaps the judges aren't employees. << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#2
07-21-2004, 05:58 AM
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| Re: Do not for profits issue 1099's ill Lentz <blentz[at]negatorygoodbuddy.prodigy.net> wrote: - quote - > I've become the treasurer for the High School Band Boosters > organization. We're a 501c3. We use college students as > instructors during band camp, and we also use individuals as > judges for a competition we run. Are we required to issue > 1099's if we pay anyone over $600 in a year? > Thanks > Bill Bill-Yes, you need to issue the 1099's. N Owen To reply, please change "ONE" to numeral << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#1
07-21-2004, 05:58 AM
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| Re: Do not for profits issue 1099's Bill Lentz <blentz[at]negatorygoodbuddy.prodigy.net> wrote: - quote - > I've become the treasurer for the High School Band Boosters
Sure.> organization. We're a 501c3. We use college students as > instructors during band camp, and we also use individuals as > judges for a competition we run. Are we required to issue > 1099's if we pay anyone over $600 in a year? Get the original red copies from 1-800-TAX FORM and also get the original red copy of form 1096 as well. And the instructions. -- __ Art Kamlet ArtKamlet [at] AOL.com Columbus OH K2PZH << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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07-21-2004, 04:22 AM
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| Re: Do not for profits issue 1099's Bill Lentz <blentz[at]negatorygoodbuddy.prodigy.net> wrote: - quote - > I've become the treasurer for the High School Band Boosters
It sounds like these individuals are your EMPLOYEES, and> organization. We're a 501c3. We use college students as > instructors during band camp, and we also use individuals as > judges for a competition we run. Are we required to issue > 1099's if we pay anyone over $600 in a year? should be issued W-2 forms, with payroll taxes withheld. Just because you are a charity does not absolve you of basic payroll reporting. << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#-1
07-13-2004, 11:07 PM
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| Do not for profits issue 1099's I've become the treasurer for the High School Band Boosters organization. We're a 501c3. We use college students as instructors during band camp, and we also use individuals as judges for a competition we run. Are we required to issue 1099's if we pay anyone over $600 in a year? Thanks Bill << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
| Tags |
| 1099, issue, profits |
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