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| Phil Marti wrote: - quote - > "pete32" <moralesmaribel[at]sbcglobal.net> writes:
A man after my own heart!> > I'm an independent contractor. A company I did business for > > sent me a 1099 that states I made more than I really did. I > > contacted them to investigate what they paid me and they > > still insist their numbers are correct. > Prepare your return from your records. I prefer to put only > correct receipts on the return; others put the 1099 number > and then back out the excess. I do the same, Phil, however also attached a statement with copy of the 1099 reconciling the two. After all, GROSS income on a return, should not be inflated. ChEAr$, Harlan Lunsford Monday, 24 Jan 2005 << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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| "pete32" <moralesmaribel[at]sbcglobal.net> wrote: - quote - > I received checks for work I did, but one line states I was
Report what your records show you actually were paid.> paid in cash, when I never did get cash, I was always paid > by check. Don't they have to prove they paid me by cash > with a receipt that I signed for? Should I just report what > I actually received? IRS has a procedure for taking complaints about erroneous or missing information returns, i.e. Forms W-2 and 1099. However, their policy is not to take complaints until after February 15. I recommend you contact IRS sometime shortly after Feb. 15 and ask to them to prepare a complaint on Form 4598. IRS sends a copy to the payer and one to yourself. Since the payer already has made their position clear, it's not likely that the IRS inquiry will change their minds. However, at least you will have something extra for your records showing you made a good faith effort to report your income accurately. If you choose to initiate a complaint about the 1099, you can do so by calling IRS at (800) 829-1040 or visiting your local walk-in office. http://www.irs.gov/localcontacts/index.html Barney Byrd << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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| "pete32" <moralesmaribel[at]sbcglobal.net> writes: - quote - > I'm an independent contractor. A company I did business for
Prepare your return from your records. I prefer to put only> sent me a 1099 that states I made more than I really did. I > contacted them to investigate what they paid me and they > still insist their numbers are correct. correct receipts on the return; others put the 1099 number and then back out the excess. Phil Marti Clarksburg, MD << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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| I'm an independent contractor. A company I did business for sent me a 1099 that states I made more than I really did. I contacted them to investigate what they paid me and they still insist their numbers are correct. I received a handwritten paper with the amounts they said they paid me. I received checks for work I did, but one line states I was paid in cash, when I never did get cash, I was always paid by check. Don't they have to prove they paid me by cash with a receipt that I signed for? Should I just report what I actually received? << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
| Tags |
| 1099, amount, incorrect |
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