Solved

I have to ammend becsuse i recieved A 1099Misc late from a contractor. Can i write off my expenses and issue a 1099MISC to the contractor who helped me do this job??

Forum|Forum|7 years ago
June 5, 2019
1 reply
0 views

I didnt write any expenses or 1099Misc because I didnt recieve it. I waited til Feb 6th to file and it came Feb 8th & it is post dated Feb 6th. Do I efile the 1099Misc i need to issue or send it in with ammended return

TurboTax Deluxe Online

Best answer by Critter

Yes you do all of that...and NEXT year just report all your income, expenses & file 1099-misc forms on time by using YOUR records. You never need to wait for any 1099s to arrive to file your return .

Now the person you are going to 1099 will need to amend their return if they were not smart enough to file correctly .

CritterAnswer

Employee

Yes you do all of that...and NEXT year just report all your income, expenses & file 1099-misc forms on time by using YOUR records. You never need to wait for any 1099s to arrive to file your return .

Now the person you are going to 1099 will need to amend their return if they were not smart enough to file correctly .

J

JoliverAuthor

I claimed my part under other income because I hadnt recieved it. But the contractor sent whole job on 1099 to me instead of spliting it up between me and the other contractor. When I asked why it was so much he said i would need to issue 1099 im not paying taxes on $7500 that another contractor recieved.