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 If i clean my grandma's friends house every two weeks and get $20 each time do i include that in my taxes?
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 When will this actually happen?
I have been hearing that governmental rebates will be coming out to help people and there will be monies in check form given to each hoursehold. My question is when will the rebatess be mailed out M...


 Does anyone have the site that tells you when the federal checks are getting sent out?
I know it goes by your last 2 #s of ss number. I had it but have no clue where it went. Does anyone have any idea? T...


 What do you think of a tax-free holiday?
What do you think of a (sales) tax-free holiday (weekend) in your state? Is there one or would you like one?
Additional Details
There is one in Massachusetts and Rhode Island, that I ...


 How is income tax not slavery?

Additional Details
I can't believe how ignorant some of you are. Income tax does not pay for libraries, airports, roads, bridges, police, firemen, or schools. But I see how ...


 How you feel, having to pay with your taxes for the stupidity of others?
Should the American people get something back after the government used money from the peoples pocket to bail out the market?...


 What do you pay every two weeks in taxes?
If I make about $880 a paycheck, how much goes to taxes?...


 Should McDonald's have tax-exempt status as a church?
I think it should.

And Microsoft too....


 When do you stop claiming children on taxes?
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 Is it true that when home values drop taxes should drop too/ If so, how can I get a lower assessment?
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 I don't understand y i'm being audited on my 2007 tax return.?
I have been filing my tax returns the last four years. All of a sudden this year, my taxes are being reviewed and i have to send documents verifying my income. Is this because I'm suppose to be ...


 Can I file married/seperate & claim stepson to avoid husbands taxes from being intercepted?(child support)?

Additional Details
My son lives with his father & stepmom starting in Jan,2007. He owes me $16000 in child support arrears and Florida will intecept returns and give them to me. I ...


 Did you file your tax's yet ?
April 15 is just around the corner ....


 I am 17 years old. If I work, must I pay taxes?
Yep, Im 17, gonna work for ChaCha (i dont have a car, ok?). anyhoo, they want me to sign up for a w-19, am I subject to backup withholding and like I said, do I pay taxes? I live with my parents, ...


 Tax saving?
Monthy i am paying for the chit. Can i show this as a tax savings or investing money in chit company does not come under tax saving?...


 If i recieve social security and veterans disability benifits do i have to pay federal income tax?
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 I've worked o/time this month & paid NI contributions. Will I be able to claim this back?
I normally only take home under £300 a month and this overtime is a one off and I've paid £78 in NI contributions!...


 Got my stimulus check today May 19th?
HELLO PEOPLE FIRST I GOT A LETTER THAT WAS DATED ON THE 12TH SAYING MY CHECK WILL BE MAILED ON THE 16TH WELL FEW DAYS LATER GOT IT TODAY MY LAST TWO SS# IS 64 GOT ANY QUESTIONS POST THEM WILL ANSWER I...


 Stimulus Letter...Did U Get Yours???
Has anyone received the so called letter saying that you will be receiving an amount, how much, and when to expect it? I received the first one saying that I may qualify but not the second one as of ...


 What will they tax next?
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~kim~
What are 1099's?
I know what a few have to due with..like 1099G. I keep seeing all the questions about 1099s and the extensions companies got to file them. What are they and how do you know if you have one coming to you?
                     
 




Steve E
Rating
1099's are sent out for any monies recieved without taxes being deducted. Most often these are for independent contractors or gambling winnings. the 1099's are sent to the IRS so make sure you add these to your income or else the MAN will come a knockin.


jseah114
1099-INT to report interest income
1099-DIV to report dividend income
1099-B to report proceeds from the sale of stocks and bonds
1099-G to report payments made to you by a government agency
1099-R to report distributions from pensions (required to be attached to your tax return when filed, BUT ONLY when there is federal withholding on it)
1099-S to report proceeds from the sale of real property
1099-C to report debt cancellation/forgiveness
1099-MISC to report everything else


Betsy
The various 1099 forms are used for income other than wages salaries and tips, including independant contractor payments.


"Form 1099 is a form promulgated by the Internal Revenue Service (IRS) and is used in the United States income tax system to prepare and file an information return to report various types of income other than wages, salaries, and tips (for which Social Security Administration Form W-2 is used instead)."


kellilicious5
Rating
I got one from my bank- when you make more than $10 interest from bank accounts, they mail you a 1099.


Bud's Girl
Rating
They're Income Tax forms for people who have worked the previous year, but have had no taxes taken out. That explains who would get them, too.


Dizney
Form 1099 is the way to report different types of income such as dividends (1099-DIV), interest (1099-INT), non-employee compensation (1099-MISC) or tax refunds & unemployment income (1099-G).

YOU MUST REPORT THIS INCOME.

You might not have them all yet since they don't have to be mailed until 1/31/2007. Don't listen to "evil twin" - doesn't know about dates.


TroubleRose
Rating
This will give you all the details about it:

http://www.investopedia.com/search/results.aspx?q=1099&submit=Go


evil_twin
Rating
If you're getting one, you should have gotten them be now.
A company has untill 1/31 to get them out.

1099 are forms that bascially let the IRS know about income receive from sources other then your paycheck.

It's to cut down on what the IRS calls the "underground economy".
1099-C -- cancelled debts
1099-INT -- interest received
1099-DIV -- revenue from interest on stocks and mutual funds
1099-MISC -- payment of $600 or more to an individual over the course of one year. (i.e., side jobs, affilliate programs, contest winnings, etc.)

Check the link for some more.


mikearion
Rating
Isn't that a tax return form? I would talk to a tax person, this stuff drives me nuts.


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