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Re: Missing 1099's?
Old 02-16-2007, 06:34 PM   #21
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Re: Missing 1099's?

Today I started doing our taxes on TorboTax and I realized that a contract job that DW did (less than $2k) last summer was missing and probably not received by us. The work was for a local university medical center. Since they did not deduct anything from her stipend, I was thinking of just "forgetting" about it and considering it tax free $.

If they do not report it to IRS, she never worked there. No? :P

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Re: Missing 1099's?
Old 02-16-2007, 06:56 PM   #22
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Re: Missing 1099's?

Originally Posted by mickeyd
If they do not report it to IRS, she never worked there. No? :P
If that "stipend" was a reimbursement of her expenses then there's no 1099 generated and you're on your own.

If that stipend was actually a form of salary, $600 or more, then they generated a 1099-MISC for her last month and will be sending a copy to the IRS this month. That's what the rules say they should do, anyway.


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