Home Page link  

W-2 and 1099

 

Taxes General Forum - Tax professionals meeting place and answers to queries. (Moderated)

 Post an article  get this group's latest topics as an RSS feed add this group's latest topics to your My MSN content add this group's latest topics to your My Yahoo content  add this group's latest topics to your Google content  YahooMyWeb Yahoo!  Google Google  Windows Live Favorites Windows Live  del.icio.us del.icio.us  digg digg  Add to Netscape Netscape
Subject Author Date
W-2 and 1099 taxmax 08-13-2007
`--> Re: W-2 and 1099 Harlan Lunsford08-17-2007
Posted by taxmax on August 13, 2007, 10:23 pm
Please log in for more thread options
I was paid by a non-profit organization to provide services
to my 87 years old mother. I was issued w-2 at the end of
the year. I used that money and paid another person to
provide the same services that I was supposed to do for my
mother. Do I need to issue that person 1099? Would it not
be considered double taxation? I didn't take any deductions
in my returns for cash payments that I made to that person.

<< ------------------------------------------------------- >>
<< The foregoing was not intended or written to be used, >>
<< nor can it used, for the purpose of avoiding penalties >>
<< that may be imposed upon the taxpayer. >>
<< >>
<< The Charter and the Guidelines for submitting posts >>
<< to this newsgroup as well as our anti-spamming policy >>
<< are at www.asktax.org. >>
<< Copyright (2006) - All rights reserved. >>
<< ------------------------------------------------------- >>

Posted by Harlan Lunsford on August 17, 2007, 12:02 am
Please log in for more thread options
taxmax wrote:

> I was paid by a non-profit organization to provide services
> to my 87 years old mother. I was issued w-2 at the end of
> the year. I used that money and paid another person to
> provide the same services that I was supposed to do for my
> mother. Do I need to issue that person 1099? Would it not
> be considered double taxation? I didn't take any deductions
> in my returns for cash payments that I made to that person.

Officially 1099's are not required since it's not in
connection with a trade or business.

ChEAr$,
Harlan Lunsford, EA n LA

<< ------------------------------------------------------- >>
<< The foregoing was not intended or written to be used, >>
<< nor can it used, for the purpose of avoiding penalties >>
<< that may be imposed upon the taxpayer. >>
<< >>
<< The Charter and the Guidelines for submitting posts >>
<< to this newsgroup as well as our anti-spamming policy >>
<< are at www.asktax.org. >>
<< Copyright (2006) - All rights reserved. >>
<< ------------------------------------------------------- >>

Similar ThreadsPosted
Income In Respect of Decedent/SSA-1099,1099-R March 9, 2008, 10:04 pm
ssa-1099 January 27, 2007, 12:11 am
1099-Div February 27, 2007, 3:17 pm
1099-R Box 7 or 7a & 7b ? March 30, 2007, 3:18 am
1099-B April 2, 2007, 5:58 pm
Box 8 on 1099-DIV March 6, 2008, 7:09 pm
1099-DV, 1099-B March 21, 2008, 3:48 pm
What to do with 1099-DIV April 3, 2008, 2:00 pm
1099-DIV April 4, 2008, 3:05 pm
Re: 1099 without a W9 June 29, 2006, 12:15 am

Contact Us | Privacy Policy
This site is not affiliated with Intuit - makers of Quickbooks and Quicken software
This site is not affiliated with Sage Software - makers of Peachtree accounting software
XML SitemapXML Sitemap