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Author Topic: is 123RF Tax Report 1099 ready? I don't see it...  (Read 1016 times)

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« on: March 01, 2017, 09:14 »
0
When I look I only see the 2015...
I know is ridiculous, I only made $46 there because I only downloaded a couple of images and forgot. Is already march 1st and there is nothing there...
Should I contact them to see if I"m gonna get a form or not?


« Reply #1 on: March 01, 2017, 09:16 »
0
I don't think they 1099 you. 

« Reply #2 on: March 01, 2017, 09:24 »
+2
In the US, they are only obligated to send you a 1099 if you earn more than $600 (at least I think so!)

Steve

angelawaye

  • Eat, Sleep, Keyword. Repeat

« Reply #3 on: March 01, 2017, 09:28 »
0
I'm still waiting ...

« Reply #4 on: March 01, 2017, 10:04 »
0
It depends on how they report, if is royalty earnings they do even if you earned two dollars.
I think if they report as non-employee comp is that is over 600...in any case is a mess.

I have to add that this 1099 whole thing is a mess....It is possible that my sales were only to Non-USA buyers, I don't know how that works.

*** In any case, for curiosity....

Zazzle was doing 1099 and this year they informed us that in order to comply with the IRS, they are no longer sending those to people who receive money via PAYPAL, because then is the merchant responsibilty to report in a 1099K if the person made over 20K in sakes or 200 sales I believe. The ones getting checks will receive 1099...

In the US, they are only obligated to send you a 1099 if you earn more than $600 (at least I think so!)

Steve
« Last Edit: March 01, 2017, 10:09 by sweetgirll »

« Reply #5 on: March 01, 2017, 11:15 »
0
From the IRS web site:

Specific Instructions
File Form 1099-MISC, Miscellaneous Income, for each person to whom you have paid during the year:
At least $10 in royalties (see the instructions for box 2) or broker payments in lieu of dividends or tax-exempt interest
At least $600 in:
   1.   Rents (box 1);
        
2.   Services performed by someone who is not your employee (including parts and materials), box 7;
        3.     Prizes and awards (see instructions for boxes 3 and 7);
   4.   Other income payments (box 3); 

   5.   Medical and health care payments (box 6); 


And we are supposed to have it by Jan 31st. They are late and always have been.



« Reply #6 on: March 01, 2017, 11:46 »
0
Hey thanks...
maybe something changed...In the past I have received a 1099 for royalties less than $10 bucks...

But I guess they are really late, since we are in march. It sucks. I'm deleting all my images from there. Too little money x too much hassle to get a 1099.

From the IRS web site:

Specific Instructions
File Form 1099-MISC, Miscellaneous Income, for each person to whom you have paid during the year:
At least $10 in royalties (see the instructions for box 2) or broker payments in lieu of dividends or tax-exempt interest
At least $600 in:
   1.   Rents (box 1);
        
2.   Services performed by someone who is not your employee (including parts and materials), box 7;
        3.     Prizes and awards (see instructions for boxes 3 and 7);
   4.   Other income payments (box 3); 

   5.   Medical and health care payments (box 6); 


And we are supposed to have it by Jan 31st. They are late and always have been.

« Reply #7 on: March 01, 2017, 13:18 »
0
Same here, my 2016 1099 is not ready, yet  >:(

« Reply #8 on: March 01, 2017, 20:34 »
0
It's not ready for me either.

These guys are delaying everyone from finishing up their taxes.


« Reply #9 on: March 01, 2017, 22:06 »
+2
I think we can still do our taxes and just claim the income we made.  If we wver get audited we can explain we were not sent 1099.  As long as you report the income, you should be okay.  At least according to my accountant.

angelawaye

  • Eat, Sleep, Keyword. Repeat

« Reply #10 on: March 01, 2017, 22:13 »
0
The MISC 1099's get submitted to the IRS so I would rather wait until I get it. I don't want any reason for an audit.

123 does this every year. They are the last agency to supply it. I expect it now...

« Reply #11 on: March 02, 2017, 12:56 »
0
HI, I was able to talk to someone from 123RF via contributor support....

the answer:


the form is not updated to the website as of yet. Their IT / Finance team are currently looking into it and trying to make available as soon as they can...
the person assisting me told there is not a date yet for this...

ON a side note, my husband just wants to kill me, cause we're just waiting on this form. And the joke is on me, cause I only made like $50 bucks of pizza money...is like the wait is not even worth my time, but I must.

« Reply #12 on: March 03, 2017, 08:13 »
0
They gave me a date.
They told me to check by the end of next week, 12th March.


« Reply #13 on: March 03, 2017, 14:51 »
+2
They gave me a date.
They told me to check by the end of next week, 12th March.

Thanks for finding that out and reporting back.

But this delay is totally unacceptable.   IF they are sending 1099s, they are supposed to arrive by Feb. 1st.  To wait until a month before tax deadline is inexcusable.

« Reply #14 on: March 06, 2017, 12:28 »
0
Still waiting on these guys. Hopefully we get it by the end of the week.

« Reply #15 on: March 17, 2017, 20:57 »
0
Okay, they told me the 17th...
It is not there for me! Did you check yours?

i still have that 2015 stupid tax form. My earnings for 2016 I only made a ridiculous $46.15 from january to december.

The deadline to do taxes is coming soon, I work a day job and I can only go to H&R on my days of which aren't that many.

Has anyone called the IRS to ask what to do in this situation? If anyone does, please post here...I was reading the article from Forbes, I might do my taxes without this 1099. According to the article is okay to do, as long as you report all your income as you always do.
What you guys think?

These articles are about the same thing, but is worth checking out.

https://www.forbes.com/sites/robertwood/2013/01/30/didnt-receive-a-form-1099-dont-ask/#456ea6f1eeb8

https://www.forbes.com/sites/robertwood/2015/01/29/missing-a-form-1099-why-you-shouldnt-ask-for-it/#2a8853b4daed






« Reply #16 on: March 18, 2017, 10:18 »
+2
I might do my taxes without this 1099. According to the article is okay to do, as long as you report all your income as you always do.

That's what I did with several agencies and my accountant said it was fine.  Agencies are not required to provide the 1099 unless you make more than $600 in a year anyway.  Just report the total you made and you should be fine.

« Reply #17 on: March 18, 2017, 17:04 »
0
I might do my taxes without this 1099. According to the article is okay to do, as long as you report all your income as you always do.


That's what I did with several agencies and my accountant said it was fine.  Agencies are not required to provide the 1099 unless you make more than $600 in a year anyway.  Just report the total you made and you should be fine.


Both right, you don't need the form to declare your income. Just do it for the correct amount and you're fine. 123 need to make out the form to notify the IRS.

As far as I have been paid for many years the deadline for mailing is January 31st, not anything 123 is doing now. Although some agencies have told us, if we download, no form will be mailed.

http://www.1099services.com/1099-filing-deadlines.htm

I don't know why anyone deals with this 123-BS agency any more. They don't review, they don't answer, they don't file on time, they don't make most people much money. Not worth it to undersell ourselves for some cheap subs.

Bigger joke is how they are reported as over double DT, DP and CS, 3X BigStock. All a waste of time unless being desperate for $40 a year makes your life change..

« Reply #18 on: Yesterday at 12:42 »
0
What a bunch of incompetent idiots. They generated 1042s-S again even if they got W-9 on file. I wonder if I can report them to IRS because they clearly break the law by not providing me 1099 form.


 

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