Join Early Retirement Today
Thread Tools Search this Thread Display Modes
Re: Missing 1099's?
Old 02-16-2007, 07:34 PM   #21
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
mickeyd's Avatar
Join Date: Apr 2004
Location: South Texas~29N/98W Just West of Woman Hollering Creek
Posts: 6,359
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

Part-Owner of Texas

Outside of a dog, a book is man's best friend. Inside of a dog, it's too dark to read. Groucho Marx

In dire need of: faster horses, younger woman, older whiskey, more money.
mickeyd is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Re: Missing 1099's?
Old 02-16-2007, 07:56 PM   #22
Moderator Emeritus
Nords's Avatar
Join Date: Dec 2002
Location: Oahu
Posts: 26,749
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.


Co-author (with my daughter) of “Raising Your Money-Savvy Family For Next-Generation Financial Independence.”
Author of the book written on "The Military Guide to Financial Independence and Retirement."

I don't spend much time here— please send a PM.
Nords is offline   Reply With Quote

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

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

BB 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
White House: As Many As 5 Million E-mails Possibly Missing FinallyRetired Other topics 7 04-15-2007 08:42 PM
$9 billion in missing cash... bright eyed Other topics 7 02-20-2007 06:12 PM
As a business owner, how do I file my 1099's for my contractors? thefed Other topics 5 01-23-2007 03:13 PM
My Plan...what am I missing? cyclone6 FIRE and Money 15 11-13-2006 09:21 PM
How Firecalc handles missing Treasury data dory36 FIRE and Money 7 12-06-2004 04:00 PM

» Quick Links

All times are GMT -6. The time now is 10:54 AM.
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2020, vBulletin Solutions, Inc.