Results 1 to 8 of 8

Thread: independent contractor status / 1099

Threaded View

Previous Post Previous Post   Next Post Next Post
  1. #2
    Most if not all 1099 Forms have a sheet that is meant for sending to the IRS. Companies tend to send summarative reports of their 1099 activity with the appropriate reporting form 1096 or the like. If the 1099 shows that the recipient has an SSN or EIN then the IRS will go off of that as for basis of income but not all income is taxable income. If you have been redeeming the checks for lawful money then the calculations for income shouldn't be too different from those who are receiving checks while 'employed'. If you are foreign to the United States you can notify the IRS or the Department of the Treasury through various means (W8, Form 56, etc.)

    Name:  1096.jpg
Views: 633
Size:  179.6 KB

    The folks at the IRS or the U.S. Department of the Treasury aren't necessarily enemies--they are doing their jobs. They go by what you say and somewhat by what you do. It might be that removing or neutralizing all contrary opinion or evidence against you is up to you.

    Also:
    [1] you don't seem to be specific in your question or as to how you need help
    [2] why would you send in an IRS Form 5767 Revocation of Election otherwise it is unclear what you mean by 'revocation of election'.
    Last edited by allodial; 04-14-15 at 06:42 PM.
    All rights reserved. Without prejudice. No liability assumed. No value assured.

    "The object in life is not to be on the side of the majority, but to escape finding oneself in the ranks of the insane." -- Marcus Aurelius
    "It is the glory of God to conceal a thing: but the honour of kings is to search out a matter." Proverbs 25:2
    Prove all things; hold fast that which is good. Thess. 5:21.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •