Posted by ct on 3/4/09 1:11pm
Msg #279470

Get it signed

Just opened my mail and got an ammended 1099 for almost $700.00 from Get it Signed by Heather Murphy..she must be on glue..I did 2 signings for her and was never paid..good news is I know have her tax I.D. number...

Reply by Teresa/FL on 3/4/09 1:13pm
Msg #279472

Isn't that tax fraud on her part? n/m

Reply by A-1 Signing Agents, LLC on 3/4/09 1:37pm
Msg #279477

Now that the question of a 1099 is brought up. I have a question. If i'm a corporation and all checks are made out to my company, should I have been 1099'd from a SS? I called and questioned being 1099'd. Exact conversation I had. Why did you 1099 me? Smart A$$ answer "because I paid you". Am i wrong? Appreciate any help.

Reply by Charles_Ca on 3/4/09 1:51pm
Msg #279480

Re: Get it signed _ If I understand your question the

SS paid your company, a legal person, and not you. How you take your money out of your company is of no concern of the SS. Did you supply you EIN to the SS? Did you enter into the agreement to sign as a person or as a principal of your company? Disclaimer: I am not an attorney and this is just my personal and totally unqualified opinion. To get a qualified opinion you should contact an attorney.

Reply by A-1 Signing Agents, LLC on 3/4/09 2:24pm
Msg #279492

Re: Get it signed _ If I understand your question the

LOL on your disclaimer. Yes to providing an EIN. Yes to being paid as a principal of my company.

I guess whoever does my taxes will take care of that. Just wanted to be sure I had the correct information.

Thanks for your reply.

Reply by Becca_FL on 3/4/09 1:54pm
Msg #279483

I think I know the answer, but this is a ? for John/CA n/m

Reply by MW/VA on 3/4/09 2:17pm
Msg #279488

The IRS is trying to close in on reporting income. It's rumored that companies will be required to send 1099's even if they paid you a dollar. From their accounting side they will issue the 1099. As a Corp. it will be up to you at your end for how the income is reported. I got 1099's this year from companies where I was paid on the HUD & wasn't expecting that income to be reported on 1099. I was mainly concerned about where I needed to report that income. My concerns were resolved, because I was able to link the 1099's to the Schedule C.

Reply by A-1 Signing Agents, LLC on 3/4/09 2:38pm
Msg #279496

Again, TY for your response. This company is "the only" one who has 1099'd me. Any advice is appreciated.

Reply by Tess on 3/4/09 2:27pm
Msg #279494

If the tax laws are the same as when I did my own taxes (I now have an accountant do them as they became too complicated for me) they have to 1099 you if they paid you anything over $600. It does not matter if they 1099 you or your company (unless you are not the only owner or maybe in other corp situations??) it all gets tied to your SS# on your personal taxes.

Reply by MW/VA on 3/4/09 2:50pm
Msg #279497

It gets reported to the IRS under your SS or EIN, but is NOT necessarily reported on Line 21 of the 1040 (other income). As I said above, Turbo Tax had a provision to "link" each 1099 to my business on Schedule C.

Reply by Tess on 3/4/09 2:54pm
Msg #279498

Re: Exactly n/m

Reply by ct on 3/4/09 3:11pm
Msg #279503

Re: Exactly

well all I know is that I got a 1099 that was inflated by hundreds and on top of it the SS never paid me a dollar..just a nice little e mail that thanked me for all my hard work but they were going out of business..what, now you think I'm going to pay your taxes too..those loans closed and that signing service recieved there funds..I know I'm ranting but Heather Murphy of" Get it Signed" can shove it were the sun don't shine!!! O.K....I feel better now

Reply by Linda_H/FL on 3/4/09 3:12pm
Msg #279504

Now this is a prime example of something that CAN

be reported to the IRS - MHO

Reply by ct on 3/4/09 3:16pm
Msg #279505

Re: Now this is a prime example of something that CAN

yes, finally some way to hurt them back!!!

Reply by Tess on 3/4/09 3:24pm
Msg #279507

Re: I would definitely report it to the IRS! n/m

Reply by MW/VA on 3/4/09 3:32pm
Msg #279508

Re: Exactly

Absolutely report it to the IRS. You don't want to have to claim income you never received. What gall--a deadbeat trying to report money they never paid out! Go get 'em!

Reply by VioCa on 3/4/09 5:12pm
Msg #279522

You have to call whoever sent the 1099 and have them prepare a corrected 1099 and file it with the IRS, ohterwise the IRS will want to see that income reported on a separate schedule C and it is going to be more frustrating for you to straghten it up.
If you provided an EIN no and your corporation name and address on the W9, they should not issue a 1099 to you as an individual, period.
The only corporations that are receiving 1099s are the Attorneys

Reply by Tess on 3/4/09 5:57pm
Msg #279525

I would talk to whoever does your taxes. I just talked with my accountant about one I received that was inflated (although I requested a new one and did not receive it) and he said he would just adjust the 1099 with the income I report and it would wash out. I am sure all your income is more then the 1099 amounts you recieved(income with no 1099 sent).

Yes, I believe there was or is a exception that if you are a corp. they do not have to send you a 1099, but can if they want. Why the fuss anyway about receiving a 1099 if they paid you? As I said above, you probably earned way over the amount reported on that one 1099 anyway. If you got into this business thinking that all earnings are tax free, you are wrong!

Reply by Letty Marquez on 3/4/09 4:20pm
Msg #279517

Hi Heather,

Did you got a regular 1099 first? Any company or person should issue 1099misc if they pay you over $600 in a year (some companies issue one even if they pay you less). and yes, your tax advisor will transfer the info to your schedule C.

you can find more info under irs.gov/business

Hope this help

Reply by ct on 3/4/09 8:47pm
Msg #279532

The point is not about me paying my taxes..I'm not an idiot...yeah I could just use this 1099 but the point is..they already ripped me off and now they want to offset their income by having me pay therir taxes...not going to happen on my watch!!!

Reply by ct on 3/4/09 9:14pm
Msg #279535

Re: Get it signed IRS contacted

Was told that if I feel fraud is involved that I fill out form 3949-A...was told NOT to use the 1099 sent to me...only report income that was recieved from this company...zero..it probably would be easier just to report it so no letters or audits come my way but frankly I am so done with these companies...whats that line..oh yeah..I'm mad as hell and I'm not going to take it anymore..(hopefully)

Reply by Tess on 3/4/09 10:52pm
Msg #279544

Re: It sure can get confusing when you have two different

conversations going in one thread. CT my thought about not paying taxes was about A-1s gripe with getting a 1099, was not about your situation.

Reply by John_NorCal on 3/4/09 9:28pm
Msg #279539

CT, I would report any income that you did receive and be sure to keep any correspondence between you and the other party. To cover yourself further, I would send a letter to your IRS service center in Fresno, stating all the facts and enclosing copies of any correspondence requesting that the SS correct the "error."