The employer's purpose for using the 1099 is to report income paid to an individual as well as to document the income for the individual. The employer must match the income by using the name, address, and social security number of the recipient.
One part of the 1099 is sent to report the income, and to show the amount of tax withheld, if any. The other part of the 1099 is given to the individual and contains the same information. There are many different kinds of 1099 forms and their uses vary.
There should be the same social security number on both parts of the employer's form before the parts are separated and the information sent.
If the employee has moved, the employer must make an attempt to find him and send the information to him.
2007-01-28 03:13:21
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answer #1
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answered by AngeloElectro 6
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If the person is a bonafide employee, they should be sending a W-2. If the "employee" was an independent contractor, then they should send a 1099. Either way, a social security number or Tax ID# is required. If the employee moved, the employer should send the w-2 to the last known address. If it needs to be forwarded, the Post Office will take care of that if the emploiyee left a forwarding address.
2007-01-28 03:07:03
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answer #2
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answered by crazydave 7
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in case you gained greater desirable than $six hundred, they are requireed to deliver you a 1099, and as legal experts they could understand that. call the HR branch, and if there isnt one, circulate to between the named companions and flippantly clarify your subject and which you're next going to the state branch of employment risk-free practices and state branch of revenues. They have been required to deliver you one via the tip of January. in spite of a few inaccurate solutions, you're required to record all earnings gained, regardless no count if or no longer the employer sends you the 1099. you would be submitting a schedule C, self employment and could be amassing all your information, mileage logs and receipts, besides. decide your earnings, and your deductions to shrink the earnings on which you would be able to pay self-employment taxes.
2016-12-16 15:32:37
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answer #3
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answered by ? 4
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The employer should have had the person fill out a W-9 form when they started the job, to avoid this problem. That's why W-9's are required.
As far as location being unknown, you would mail it to the last known address.
2007-01-28 04:26:24
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answer #4
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answered by Judy 7
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