View Full Version : 1099 question ???

January 31st, 2006, 4:57pm
Last year I won three prizes with values over $600, but as of today 01-31-06 I have only received one 1099 in the mail. Do they only have till today to get them to us?

January 31st, 2006, 5:06pm
Someone who replied to a similar thread I started said they have to get them in the mail today. So they might not arrive till mid February. :frown4:

January 31st, 2006, 5:22pm
I would set up my taxes with FMVs, if you're expecting 1099s anyway, if you like to do taxes early. I got a 1099 1 day after I filed, so I'll have to do an amended return. Good Luck!

January 31st, 2006, 5:36pm
From an accounting stand point.

1099 have to be mailed today and then sent to the IRS by February 28. So some company think they don't have to mail out until February 28. The date per the IRS form is Furnish Copy B of this form to the recipient by January 31, 2006. File Copy A of this form with the IRS by February 28, 2006. If you file electronically, the due date is March 31, 2006.

Hope that helps.

January 31st, 2006, 10:16pm
Thanks to all who responded!