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
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 iPhoneOn Mar 21, 2024, at 2:06 PM, Mary Collins via Organizers wrote:Ok then yes each recipient should fill out a w9 (down load from irs) and then next Jan a
Note that performers still have to pay taxes on the money they earn. So
unless your talent is planning to cheat on their taxes it's not benefiting
them to keep below the $600 threshold.
Jeff
On Thu, Mar 21, 2024 at 2:08 PM Lissa Bengtson via Organizers <
organizers@lists.sharedweight.net>
Also note that travel expenses are not included in the amount recorded in
the 1099-K. Hence, we negotiate a full package that is compensation plus
travel and account for travel separately.
Rich Dempsey
Rochester, NY
On Thu, Mar 21, 2024 at 2:11 PM Lissa Bengtson via Organizers <
Several times I've had talent agree to work for $599 so that they don't
have to receive a 1099. But I think those days are gone!
Lissa B.
San Antonio
On Thu, Mar 21, 2024 at 12:05 PM Mary Collins via Organizers <
organizers@lists.sharedweight.net> wrote:
> Ok then yes each recipient should
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 wrote:
> To clarify, this event is upcoming. We have not yet paid our talent, but
> multiple individuals will receive an amount greater
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 wrote:
> As an organizer, caller, Bookkeeper and tax filier this is
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
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
