Ask Experts Questions for FREE Help !
Ask

1099 without tax id

Asked Feb 14, 2006, 10:09 PM — 1 Answer
I am still preparing the 1099 forms. One contractor fails to provide us his tax id. IRS 1099 instructions indicate that there may be penalty for not providing the tax id. Shoud I still file the 1099 for him without the tax ID? Or it is better off not to file at all.

Search this Thread
Share |
1 Answer
AtlantaTaxExpert's Avatar
AtlantaTaxExpert Posts: 19,886, Reputation: 3728
Senior Tax Expert
  
#2

Feb 15, 2006, 09:02 AM


Pok:

Give him, either in person or by mail, a W-9. That notifies the contractor that you are formally requesting tax ID number information from him.

If he fails to provide you with the tax ID number, then notify the IRS and request instructions.

How much money did you pay this contractor? If it is less than $600, there is no requirement to submit the Form 1099 for him.
Helpful
Not your question? Ask your question View similar questions
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search

Add your answer here.

Remove Text Formatting
 

Undo
Redo
  
Decrease Size
Increase Size
Bold
Italic
Underline
Align Left
Align Center
Align Right
Ordered List
Unordered List
Decrease Indent
Increase Indent
Insert Email Link
Wrap [QUOTE] tags around selected text
Wrap [CODE] tags around selected text
Wrap [HTML] tags around selected text
Wrap [PHP] tags around selected text
Wrap [YOUTUBE] tags around selected text
Notification Type:



Check out some similar questions!

Please, please help. H1b and 1099 [ 1 Answers ]

I am a physician doing j1 waiver , on H1b visa. I am employed by a private group. The hospital pays 25000 dollar as a policy to new doctors over three years as signing bonus. In 2004 the hospital paid me 6000 dollar , but they sent me 1099 misc which I accepted and also showed on my tax refund. I...

1099-c [ 3 Answers ]

I have already received my refund for this year. After receiving my refund, I received a 1099-C form. I took it to my tax account and she said that the $65,340.71 in box 2 (it also listed interest in box 3 $9577.90), that I would have to pay taxes on, which is $14,000. I told her, isn't

1099-g [ 3 Answers ]

Hi, I received a 1099-G regarding state tax refund I got 2005 and I know I have to include it as income in Form 1040. And I also received another 1099 form saying "Statement for Recipients of Interest Income", "Calendar Year", "Total Interest Paid or Credited-$36.67". My questions are, 1) I...

1099 c [ 1 Answers ]

I have a line of credit account that is now delinquent. Most recently the sent me a notice regarding a settlement. This is what the letter says: "Settle your past due account ONCE AND FOR ALL! Your current outstanding balance due on account number XXXX is $5,448.52. As of January 1, 2006, we will...

1099 and H1 [ 3 Answers ]

Thanks for your valuable help that you are giving to so many people. I need one help too. I am on H1. Can I work on 1099. Will this create any problems? Secondly. How may hours I can work on 1099 if I am allowed to? I am working 40/week on W2 with a consulting conpany on H1. I want to...

View more Taxes questions Search