The subject pretty much says it all, I got a 1099 in the mail today from DT with my address and account name, but a different person's name and TIN and the $ amount was not correct for me either.  I did check to W-9 on file at DT and it is correct. I sent them an e-mail so I guess I'll see what they say. I hope my name SS# and $ amount wasn't sent to someone else.

I emailed them and got this response:

"We are aware of the issue with the 1099s.
An unfortunate error occurred with the file and we are working quickly to get this corrected and new 1099s sent out."

I could easily find my dude's state and city and I have the last 4 digits of his SSN.
His full address may be also found with a bit of extra digging.

I can only hope that whoever got my details will not use them in a nefarious way 

Ditto

I received someone else's 1099, but my address.

It was always my understanding that DT doesn't send tax info for under $600, which I did NOT make, but neither did the person's 1099 I got.

Oh it's a big cock up. I was alerted by another DT member about a week ago that they had received a 1099 with my husband's name (we both have accounts). The TIN wasn't that of our company - or hers for that matter. She didn't divulge the $ amount but I'm guessing it was wildly off. Today I received 2 1099s from DT - one with my husband's account name on it, the other with my account name on it. 2 different names and 2 different TINs/SS #s. I didn't bother checking $ amounts cause I already know the 1099 is invalid and I'll end up destroying them.

Hopefully no one will be badly affected by this breach and we'll all get our 1099s in a timely manner. The clock is ticking for us S Corporations - tax due date for us is March 15th!

As for the person commenting they thought DT didn't send out tax info for under $600, I believe they are required to send one out for any amount - no matter how small.

Anyone know when this is going to be fixed? I need to file my taxes.

Don�t you record the payments you receive?  You don�t actually need a 1099 in hand.

Quote from: filo on February 16, 2023, 13:06

Anyone know when this is going to be fixed? I need to file my taxes.

Don�t you record the payments you receive?  You don�t actually need a 1099 in hand.

Thank you both. Of course I can look at what I've received but if Dreamstime decides to erroneously report this number (which they've demonstrated they are more than capable of), I'm going to be surprised by the IRS with a notice of unpaid tax due. I kind of like to know they got it right.

I do my taxes by the cash method.  It�s what comes into my account during the year.  I don�t really care what any of the agencies report.

In my experience, the only agency with discrepancies is AS. For the rest (DT inclusive), whatever lands in Paypal is what I see on their reports.

Quote from: Sean Locke Photography on February 17, 2023, 13:13

I do my taxes by the cash method.  It�s what comes into my account during the year.  I don�t really care what any of the agencies report.

The IRS will care. If an agency reports something that you don't report, they're going to be asking you some questions.

No, they won�t.

Waiting on the updated forms at least gives me a reasonable excuse for not doing my taxes yet.

Quote from: Sean Locke Photography on February 17, 2023, 13:13

I do my taxes by the cash method.  It�s what comes into my account during the year.  I don�t really care what any of the agencies report.

The IRS will care. If an agency reports something that you don't report, they're going to be asking you some questions.

Even if they would, you can simply state the truth: DT has erroneously displayed the wrong amount on the form, as confirmed by DT in this forum post.

But the IRS would never send you a notice because some random agency decides to send out faulty 1099 forms. It doesn't work that way.

If the person, who has my 1099 from Dreamstime, happens to see this: Could you, please, send it to me? I file as a S-Corp and that's due March 15th and apparently Dreamstime is not making this happen.

Mona Makela Photography LLC
P.O. Box 4383
Santa Fe, NM 87502

Thanks!

The problem is there's no knowing if anything with your name on it is actually correct. I conversed with the person who received my 1099 (she sleuthed the name) and her address was right, my name was right, the TIN number and dollar amount didn't match either one of us. I'm dropping my S Corp taxes off with my accountant on Monday and hoping for the best even though I don't have a 1099 from Dreamstime.
Adobe sent it correctly.
Shutterstock provided it electronically.
Getty provided it electronically.
Dreamstime .... wrong info and now a no show. Here's hoping they get their act together at some point. (Yeah, yeah, I know - I'll receive the 1099 on the 16th of March)