Question

No 1099 from employer- they say I'm on the books as "cost of goods vendor"

Forum|Forum|6 years ago
May 7, 2020
1 reply
0 views

I make a product for a company and consider myself an "independent contractor". I go to their location, use their equipment, and make my own hours. I invoice them for my time at an hourly rate. When I asked for my 1099 for 2019, they said that I'm on the books as a "cost of goods vendor". Is this an appropriate way to do it and how do I claim the income? They paid me 20k+ last year. Thanks in advance!

A

Anonymous

are you an incorportated business? such as an S-corp then they don't need to file a1099 for your corp

if not, they should have issued you one since you were paid over $600. use your reords to report the income and related deductions on schedule C.

C

Cassie4258Author

Thanks for responding- no I'm not an S corp. Just a subcontractor... or so I thought.

B

BillM223

No matter, if they paid you and you know how much it was, then do as Hackitoff told you and just enter your income in the business section under "General Income" (as I recall from memory). You don't have to have a 1099-MISC to do this.

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