The Motley Fool Discussion Boards

Previous Page

Financial Planning / Tax Strategies


Subject:  Re: Late 1099-MISC Date:  4/13/2013  11:17 AM
Author:  dusty2004 Number:  118406 of 127753

I would say yes. If you do not the IRS will get it - assume no expenses to offset it and say they owe tax on it all.

Warn them to be careful going forward. They have to claim ALL income they receive if they receive a 1099 or not.

Copyright 1996-2018 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us