Ask Experts Questions for FREE Help !
Ask
    AMANDARAYBORN's Avatar
    AMANDARAYBORN Posts: 3, Reputation: 1
    New Member
    		  
    #1

    Oct 21, 2007, 01:48 AM
    1099 Form
    I have been working as a manager since January of 2007 in a trailer park. Getong paid 900 monthly. My rent of 400 is taken out on the 1st and on the 15 I get 500 check which reads as a bill. I was told yesturday that I would be getting a 1099 form at the end of the year. Does this mean I will HAVE TO PAY TAXES? Some please answer me
    ebaines's Avatar
    ebaines Posts: 12,131, Reputation: 1307
    Expert
    		  
    #2

    Oct 22, 2007, 07:09 AM
    Whether you pay taxes will depend on your total income for the year, but it seems that your employer will be reporting your pay of $900/month. You should file an income tax form that reflects whatever the amount is that your employer will report on the 1099.
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
    		  
    #3

    Oct 22, 2007, 09:48 AM
    Previously answered, but agree with Ebaines input.
Not your question? Ask your question View similar questions
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

1099 form [ 3 Answers ]

I was told that I would not receive a 1099 form from an employer if I earned less than $600.00. I in fact earned $400. So, If I don't receive a 1099, do I need to claim this as income? Thanks for any help. Gianni

I don't what to do with my 1099-C form? [ 1 Answers ]

I received a 1099-C cancellation of debt form. Where on my 1040 federal form do have to put this information in?

1099-C form [ 1 Answers ]

Good Morning I have received a 1099-C form and I have no clue what this is and why I got it and how it will affect my taxes is this a Form they are taking the money from the debt it does say cancellation of Debt but just not sure how this works and what or why I am getthing this. Could you please...

1099-G Form [ 4 Answers ]

I just received a 1099-G form in the mail and in box 2 shows a dollar amount and box 3 from year 2005. What is this for? I have my taxes done by an accountant every year. Would this be his mistake if I have to pay?

1099-C form [ 1 Answers ]

I am on a fixed income and I had a credit card amount of about $6000.00 written off by them because of my recent disability and lack of funds. I did pay them half . So now we are even, but they sent me a letter stating they are required by Internal Revenue code, section 6050P to report this...

View more questions Search