Forms 1099 can be wrong. Say you were paid a consulting fee of $30,000, but the 1099 you receive is for ten times that, $300,000? What should you do?
For some taxpayers, the majority (or even all) of their earnings in a given year will be 1099 income. Examples include someone who lives mostly off of Social Security income (SSA-1099), investment ...
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The Discerning Investor: Still Waiting for Your 1099s?Form 1099-R has a Jan. 31 ... notes it has a "regulatory due date with extension," along with an explanation that "Merrill requests an extension with the IRS so that we can validate the ...
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