another thing to check on at work. I'll be back there on Tues and will update with what I find out then. Hang tight! Mary "And those who were seen dancing were thought to be insane by those who couldn't hear the music." - Nietzsche
“Life is not about waiting for the storms to pass ... it's about learning to dance in the rain!” ~ unknown On Thu, Mar 21, 2024 at 3:28 PM Tncontracaller <tncontracal...@gmail.com> wrote: > If the amount dispersed include a travel allowance that would drop the > actual fee below 600.00, how should that be handled. > > Sent from my iPhone > > On Mar 21, 2024, at 2:06 PM, Mary Collins via Organizers < > organizers@lists.sharedweight.net> wrote: > > > Ok then yes each recipient should fill out a w9 (down load from irs) and > then next Jan a 1099 should be issued. > > On Thu, Mar 21, 2024, 1:38 PM Virginia Varland <varlan...@gmail.com> > wrote: > >> To clarify, this event is upcoming. We have not yet paid our talent, but >> multiple individuals will receive an amount greater than $600. >> >> Virginia Varland >> varlan...@gmail.com >> >> >> >> On Thu, Mar 21, 2024 at 1:35 PM Mary Collins <native...@gmail.com> wrote: >> >>> As an organizer, caller, Bookkeeper and tax filier this is correct...if >>> you paid an individual $600 or more during the year. If it was a band that >>> disbursed monies less than $600 each then no. >>> >>> The 1099's were due Jan 31, so get this done asap. >>> >>> There is also a new "gig worker" deduction for those earning over $250 >>> from one organization as well for those of us that call or play. >>> >>> Mary Collins >>> >>> On Thu, Mar 21, 2024, 1:23 PM Virginia Varland via Organizers < >>> organizers@lists.sharedweight.net> wrote: >>> >>>> Hi all, >>>> >>>> I’m a new treasurer for an organization that is preparing to hold it’s >>>> first weekend since before the pandemic. We are a registered 501c3 >>>> non-profit operating at less than 50K per year. We will be paying our >>>> talent more than the threshold for filing 1099’s ($600+), thus it is my >>>> understanding that we’ll need to get our talent to fill out W9s and send >>>> them 1099s for their 2024 taxes. Past treasurers do not recall filing >>>> 1099s for weekend talent in the past, however rates have gone up and the >>>> threshold for filing has gone down. >>>> >>>> Can an presently active/experienced treasurer confirm or correct my >>>> understanding of this situation and give any insight to the process, >>>> please? Also interested to hear experiences of talent who have had to file >>>> 1099s for earnings. >>>> >>>> Many advance thanks for any light you can shed on this. >>>> >>>> Best, >>>> Virginia >>>> Virginia Varland >>>> varlan...@gmail.com >>>> >>>> _______________________________________________ >>>> Organizers mailing list -- organizers@lists.sharedweight.net >>>> To unsubscribe send an email to organizers-le...@lists.sharedweight.net >>>> >>> _______________________________________________ > Organizers mailing list -- organizers@lists.sharedweight.net > To unsubscribe send an email to organizers-le...@lists.sharedweight.net > >
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