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Financial Planning / Tax Strategies


Subject:  Re: 1099-MISC form Date:  6/26/2010  6:16 PM
Author:  Jeanwa Number:  110612 of 124795

The company that I worked for as a specialist in retail sent to the IRS a 1099-MISC stating they had paid me 2 grand. I never received a single dollar from them.

You worked for them for free? You worked for them as a consultant?

Are you on a cash or accrual basis?

If the company is on the accrual basis and you sent them a bill and they have recorded it as a payable, could explain the reason they sent the 1099.

Do they still owe you the money?

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