If your company is an LLC or a Sole Proprietor you should get 1099 from all of your members. The reason you probably don’t is tied to how the member is handling their taxes. The smaller the company the less likely they are investing in getting it done properly. For years we didn’t issue 1099 to our vendors and we are a member at blankspaces. It wasn’t until we outsourced that we learned ware supposed to issue 1099s.
One interesting catch… if you get paid via paypal you already have the 1099 that you can generate from within paypal. Chris From: [email protected] [mailto:[email protected]] On Behalf Of Barbara Sprenger Sent: Friday, February 14, 2014 12:16 PM To: [email protected] Subject: [Coworking] Re: A member's company sent me a 1099 for membership fees paid Yes. Whenever we have larger companies, or an employer pays for a member, we get a 1099. Just be sure your income reflects that amount for taxes. Since it's only one member, you certainly have more income than that one 1099! On Thursday, February 13, 2014 4:44:18 PM UTC-8, Angel Kwiatkowski wrote: This has happened for the first time in 4 years. Has anyone else gotten a 1099 from a member for membership dues paid? Angel -- Visit this forum on the web at http://discuss.coworking.com --- You received this message because you are subscribed to the Google Groups "Coworking" group. To unsubscribe from this group and stop receiving emails from it, send an email to [email protected]<mailto:[email protected]>. For more options, visit https://groups.google.com/groups/opt_out. This E-mail is covered by the Electronic Communications Privacy Act, 18 U.S.C. 2510-2521 and is legally privileged. This information is confidential and is intended only for the use of the individual or entity named above. If the reader of this message is not the intended recipient, you are hereby notified that any dissemination, distribution or copying of this communication is strictly prohibited. Please immediately notify Untangled Solutions, LLC. and destroy the message. -- Visit this forum on the web at http://discuss.coworking.com --- You received this message because you are subscribed to the Google Groups "Coworking" group. To unsubscribe from this group and stop receiving emails from it, send an email to [email protected]. For more options, visit https://groups.google.com/groups/opt_out.
