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    krgruns's Avatar
    krgruns Posts: 2, Reputation: 1
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    #1

    Jul 27, 2010, 12:04 PM
    Penalty for failing to furnish 1099
    I cannot get JP MOrgan to provide me with a 1099 from 2009. What recourse do I have? Still waiting to file tax returns.
    tickle's Avatar
    tickle Posts: 23,796, Reputation: 2674
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    #2

    Jul 27, 2010, 12:48 PM

    What reason do they give for not being able to furnish this to you ?
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
    		  
    #3

    Jul 27, 2010, 02:53 PM
    What KIND of 1099?

    Form 1099-INT (for interest paid on savings and CDs) is required ONLY IF the annual interest exceeds $10.

    Form 1099-DIV (for dividends paid) is normally issued for ANY dividend.

    Form 1099-MISC (for independent contract work) is required if the annual amount paid exceeds $600.

    For the Form 1099-MISC, you have to report the income even if the Form 1099-MISC is not issued,
    krgruns's Avatar
    krgruns Posts: 2, Reputation: 1
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    #4

    Jul 28, 2010, 10:30 AM
    Quote Originally Posted by tickle View Post
    What reason do they give for not being able to furnish this to you ?
    They keep saying they will forward them to me. I have requested the 1099s 6 times, twice in writing, now.
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