1099

[ric2play 0]

Do any of you guys know what a 1099 is?

Did any of u send one in for the AOS?

[PaulineA 1]

Here is a link that tells you about various tax forms, if you scroll down you will see the definition of the 1099 tax form. Hope this helps you.

http://en.wikipedia.org/wiki/IRS_Form_990

[TinTin and Samby 11]

Do any of you guys know what a 1099 is?

Did any of u send one in for the AOS?

A 1099 is an official government form that is used to document and report income that a person has received during the previous year. It is prepared by the payer of that income and reported to the person earning the income, as well as local, state and federal governmental taxing agencies. There are many, many different kinds of income that might be reported on a 1099. Maybe the 2 most common are Self Employment Income and Income from Interest generated on investments. For persons who are employees of other companies, their income is reported on a W-2 form, not a 1099 form. For Self Employed people, they (usually) dont have any W-2 reported income, but rather 1099 reported income.

Many self employed petitioners utilize their 1099 forms, along with Income Tax Returns, as part of the package of doumentation to demonstrate their ability to financially support their beneficiaries.

I hope this helps a bit to get you started.

Warm Regards,

Samby