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Microstock Photography Forum - General => General Stock Discussion => Topic started by: angelawaye on March 29, 2016, 18:37

Title: 123RF MISC 1099 are incorrect
Post by: angelawaye on March 29, 2016, 18:37

In case you don't know, 123 has finally issued your MISC 1099's however the amount is way way lower than what my PayPal earnings say. Anyone have the same issue?

I don't have time to email them and wait weeks more. Taxes are due very soon. I'm just going to subtract PayPay with their amount and list it under "OTHER" but I wonder what the heck is going on with 123 and how they figured it out?

Title: Re: 123RF MISC 1099 are incorrect
Post by: Jo Ann Snover on March 29, 2016, 19:13

I replied in the other thread on this. Support emailed me back to say that the 1099 is for July through December 2015, not the whole year. And in addition to the shorter period, even for that period the amount was wrong.

I already filed my return based on the correct amount of earnings. As this erroneous form is less, it won't cause a problem for you

Title: Re: 123RF MISC 1099 are incorrect
Post by: angelawaye on March 29, 2016, 20:25

Thanks for letting me know! You are always on top of everything :)