1099 Question

Do you all the companies automatically send a 1099? Or will I need to request it from some of them?

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Theoretically, if a company paid you $600 or more during the calendar year in fees, they are required to send you a 1099-MISC. The $600 should include fees and bonuses paid to you but NOT REIMBURSEMENTS or other expenses such as the Paypal fees they pay Paypal to transmit funds to you, the shipping costs they pay to send you materials or that they pay directly or indirectly through reimbursing you.

This being said, a company will not prepare or send you a 1099-MISC for amounts under $600. Don't bother asking for one.

You are responsible for paying taxes on EVERY dollar earned, so whether you get a 1099 or not, you may have liability for income and social security taxes. Hopefully you have kept full records of all income and business expenses such that your tax liability, which is calculated on the net profit of your business, can be clearly demonstrated even in the absence of 1099s or the presence of inaccurate 1099s.

Getting 1099s corrected is an exercise in futility unless they are orders of magnitude off (like you earned $700 and the 1099 is for $70,000). You do not submit them as an attachment to your tax return and even under the best of circumstances they are unlikely to match your own spectacular record keeping, so do your return based on your records.
Thank you so very much! I’m on SSDI & only started shopping again about six months ago. So this is my first time having to file in a very long time.
I actively encourage everyone to file a return, even if they fall below the income levels required to file. The reasoning is simple--tie up your SSN as having filed so that someone else cannot use your number to file and claim refunds to which you are not entitled. There are websites that allow low income folks to prepare and e-file a return at no cost and in many public libraries there are IRS registered tax preparers able to help you prepare and file a return as a volunteer activity. Check out the IRS.gov website for more information.
Also, there are shops that will pay you to have your taxes done. But I would get someone to double-check if you can get it done as a low-income earner. I am on disability and I can earn up to $8000 extra a year with the SS increase I don't know but I have never come close to that. I have never even gotten enough from one company to get a 1099. But I hear that it will be different this year if you have over $600 come in a month from different sources be it Venmo, Paypal, Cash app, They will have to send you a 1099 and if you are not registered as a business you can't deduct mileage or supplies for this year. I guess the IRS is really after the pennies of the poor instead of the megabucks of the wealthy.

Edited 1 time(s). Last edit at 01/12/2022 10:44PM by 2stepps.
Has the fact that you’re able to work part time as an independent contractor affected your status on disability at all? This is some thing that’s concerned me since I started back up.
2atepps- do you have a reference link for this. Others have already stated in another thread that this is not true. You can fill out a schedule C and claim deductions as an independent contractor. You do not have to be registered as a business.

“and if you are not registered as a business you can't deduct mileage or supplies for this year.”
That is simply not true for Federal tax returns. Expenses go on Schedule C as they always have.
@2stepps wrote:

... if you are not registered as a business you can't deduct mileage or supplies for this year. ....

Shopping Southeast Pennsylvania, Delaware above the canal, and southwestern NJ since 2008
Question:
Does anyone know about SeeLevel and how they send there 1099-misc. out. This is the first year I will get one and that’s the last thing I am waiting on so I can complete my taxes. Thanks in advance.
SeeLevel pays via PayPal, so SeeLevel will not be sending out a 1099-MISC. If you meet the requirements, for getting a 1099 form from PayPal, PayPal will send you a 1099 form. It will not break down the money you received by company and may include reimbursements. You will need to rely upon your records.

Shopping Southeast Pennsylvania, Delaware above the canal, and southwestern NJ since 2008
You can go to their website and set the filter to show "all", and calculate exactly how much you earned with them this year.

@gocrazy4801 wrote:

Question:
Does anyone know about SeeLevel and how they send there 1099-misc. out. This is the first year I will get one and that’s the last thing I am waiting on so I can complete my taxes. Thanks in advance.
Jenni, just keep within the income guidelines and you don't risk your SSDI until you've worked, I believe, 9 quarters.

Just check out the requirements on the social security website.

When I first went on disability in the 80's (broken back), the rules were quite strict -- no work at all allowed. The prevailing philosophy at that time was that if you could work, even a little, then you were absolutely not 100% disabled.

Fortunately, someone woke up and realized that work is great for enhancing the mental health of disabled persons, and the rules were relaxed.

They even have programs in place now to help a person on SSDI to become self-sufficient. I used that program to get a computer and a car to begin mystery shopping. I mystery shopped for over 10 years without ever violating the wage/earnings guidelines.

Good luck!

@originalinvisiblejenni wrote:

Has the fact that you’re able to work part time as an independent contractor affected your status on disability at all? This is some thing that’s concerned me since I started back up.
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