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Author Topic: US Tax form 1099 from 123RF  (Read 8907 times)

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steheap

  • Author of best selling "Get Started in Stock"

« on: February 14, 2019, 09:48 »
0
I asked 123RF when we will get our 1099 forms from their agency for the 2018 tax year. Helpful as always, they said:

Quote
The 2018 tax statement will be made available via the Tax Center page at a later date in March.
Link: https://www.123rf.com/tax/index.php

Kindly check the page in the coming month for updates on your tax statement.

Hope this clarifies, have a nice day!

Best regards,
Your Submissions & Review Team

Great news for those that like to file their taxes early...

Steve


JetCityImage

« Reply #1 on: February 14, 2019, 10:40 »
0
If you have their taxpayer ID and a PayPal report, I'd think you're good to go. Verify if the two totals matched last year (PP vs. 1099) and you're off to the tax man.

"...cause I'm the tax-man, yeaaaaah, I'm the tax-man."

Sorry.

« Reply #2 on: March 01, 2019, 10:20 »
0
Looks like this will be a repeat of last year... down to the final hours to get the stupid 1099. 

On a side note, I haven't received my January earnings yet, and now we are in March.  More "writing on the wall"?  And don't even get me started about Crestock not paying out for over 6 months.

Uncle Pete

  • Great Place by a Great Lake - My Home Port
« Reply #3 on: March 01, 2019, 12:46 »
+1
Good news for me, my taxes are already at the accountant and I dropped 123RF years ago.  ::)

« Reply #4 on: March 01, 2019, 22:04 »
0
Good news for me, my taxes are already at the accountant and I dropped 123RF years ago.  ::)

Good for you!  Gotta love the art of procrastination... apparently I never learn my lesson LOL

« Reply #5 on: March 19, 2019, 10:51 »
0
Still no response from 123RF.  Last year I got it on April 28th, long after I filed... and left it alone.  I don't remember the numbers being exactly the same either.  I really honestly wished I had tried contacting them since the beginning of February when it didn't show up.

Has anyone else figured out a solution to this?  I think you're better off guesstimating it than leaving the 1099-MISC off the taxes.  Even if you just put the income under miscellaneous / gross receipts, it still looks suspicious if you file your taxes and then the IRS sees a 1099 on file that you didn't include with your return.  They will probably just assume the gross receipts amount is in excess of what the 1099-MISC reports. 

All I know is that this is highly irregular and irresponsible.  Even smallers agencies like Featurepics send me their 1099 on time.

« Reply #6 on: March 19, 2019, 11:03 »
0
They have never been on time and their figures and mine never match up.

« Reply #7 on: March 20, 2019, 09:43 »
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I got a hold of Alex and he said they are working on it.  I just hope it happens sooner than later, otherwise I'll be writing a nice note in the line item stating the exact organization I earned this income from, and let the IRS go after them for not issuing the 1099 on time.  January 30th is really the deadline, not April 15th or 28th, or June for that matter.  We're just trying to be honest and pay our taxes on time.

« Reply #8 on: March 21, 2019, 07:32 »
0
Just to update this, 123rf just got back to me.  It's all about getting to the right department, I guess.  Alex got me to Eric, and then 24 hours later - 1099-MISC is in my inbox.  Thankfully MSG comes through again, as I wouldn't have been able to find alex's email had it not been for this forum!  alex @ 123rf.com

angelawaye

  • Eat, Sleep, Keyword. Repeat

« Reply #9 on: March 22, 2019, 13:49 »
0
I'm still waiting on mine ... Why are they the only agency that take so long!

« Reply #10 on: March 22, 2019, 19:56 »
0
Looks like they are available on the site now.

« Reply #11 on: April 11, 2020, 13:04 »
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Anyone get their 1099 for 2019 tax year yet?  I just emailed Alex.  I love how we have to chase down 1099s for piddly amounts every year.  I should be on top of this at the beginning of February of each year, but life happens. 

« Reply #12 on: April 11, 2020, 20:01 »
0
Online only. Never received one in the mail.

« Reply #13 on: April 12, 2020, 01:12 »
0
Anyone get their 1099 for 2019 tax year yet?  I just emailed Alex.  I love how we have to chase down 1099s for piddly amounts every year.  I should be on top of this at the beginning of February of each year, but life happens.

What is Alex email? I also want to mail him to get my tax form.

steheap

  • Author of best selling "Get Started in Stock"

« Reply #14 on: April 12, 2020, 10:14 »
+1
I looked on their site, but couldn't find the 1099 - is it online now? Not that it matters much - my taxes are filed long ago and the refund is already spent on a new PC build!

« Reply #15 on: April 12, 2020, 13:50 »
+1
They are worthless.  The IRS should fine them for not having the documents ready in time.  I just sum whatever they paid to Paypal over the year and use that.
« Last Edit: April 14, 2020, 21:56 by sgoodwin4813 »

angelawaye

  • Eat, Sleep, Keyword. Repeat

« Reply #16 on: April 14, 2020, 15:17 »
0
I have emailed them repeatedly for it. I even called this morning and they hung up on me. I called back and he put me through to voice mail.

I waited 2 months to file waiting for 123rf MISC -1099 and today I had to file. I did not want to file an extension with my state.

Every other agency is perfect but them. So I'm sure on April 16 they will have it out and then I will have to file an amended return to update the new 1099. (I've reported the income but it is just in another section of my schedule C).


« Reply #17 on: April 15, 2020, 13:31 »
0
I have emailed them repeatedly for it. I even called this morning and they hung up on me. I called back and he put me through to voice mail.

I waited 2 months to file waiting for 123rf MISC -1099 and today I had to file. I did not want to file an extension with my state.

Every other agency is perfect but them. So I'm sure on April 16 they will have it out and then I will have to file an amended return to update the new 1099. (I've reported the income but it is just in another section of my schedule C).

Exactly.  I am honestly reporting the income anyways (it's on my PayPal 1099-K) so I emailed them and told them to not issue a 1099 for me.  If they decide to do so, they will just be showing the IRS how irresponsible they are.  The thing is, on the IRS website it even states that if they are paying with a credit card, then they wouldn't even have to 1099.  Zazzle told me the same thing this year, that they don't need to issue one (even though they did send me one last year).

At this point, I will be glad when all of my microstock income dries up, just so I no longer have to deal with any of the hassle.  I'm down to about 6 agencies that actually 1099 me, and the rest fall into the 1099-K from Paypal.  For the amount of aggravation that it is to chase down these companies to properly provide us with tax documentation (which legally, should have been done by the end of January...) it just adds extra work, time, and drama. 


 

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