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 Re: 1099 from Loan Closers
Posted by  JanetK_CA on 2/13/21 6:14pm

For the vast majority of us, I'd bet that there's no need to wait for 1099s - unless maybe you have too many eggs in one basket (especially if it's a company like that one...)

If you have a decent bookkeeping system (I confess, mine is just passable), then you simply report all your income, regardless of the source or what your 1099s say. My income is always significantly more than what I have 1099s for because I work for a very wide variety of companies and a very high percentage of them don't send me a 1099. If you're not there yet, then I recommend putting together a plan that will get you there.

If you don't have a bookkeeping system, this is a good time to implement one. It's a business essential. Most here recommend Quick Books, which I wish I'd invested in from the beginning.
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