There has been a processing delay with the 1099 tax forms. We should have them sent out by Friday, February 10. We apologize for the inconvenience.
Update (02/13): The 1099 forms were mailed out (via USPS) on Friday, February 10.
Maybe you should incorporate then the flea's can be shareholders. On another note we have paid taxes on hub pages earnings three times in 2011. Corporations file quarterly.
We have yet to receive our first check from hub pages though. Let me think!!! Maybe those shareholders won't make it worthwhile.
We don't depend on hub pages even for pocket change. The majority of the articles we publish here are used for business so we should actually get a deduction for the time spent writing them. Let me tell you the tax man doesn't see it that way.
I haven't been taxed yet. My PayPal account has been dormant for a year now just because of an issue. -_-
Nice post. Thank you for taking the time to publish this information very useful. I am still waiting for some interesting thoughts from your side in your next post thanks.
Thanks for the update, although it's disappointing that we were told 6 days ago they had gone out (http://hubpages.com/forum/topic/92178?page=2) and then again 21 hrs ago that they were in the mail (http://hubpages.com/forum/topic/92630).
*sigh* I know the amount it should be....I just need confirmation and HP's taxpapyer ID number to make sure my records match what they are reporting to the IRS.
I apologize for the miscommunication, KCC. You're right, we gave incomplete information (because we had incomplete information, though of course that's no excuse). Some of the 1099's had gone out at that point, and we had some internal confusion.
I hate when I have internal confusion.
Is there a floor limit to the tax forms? I didn't really start the HubAds program until October, so I didn't make $600 or $700 or whatever the tax rules are for filing. I'm not sure how that rule works, though, so if it's a dumb question... feel free to throw tomatoes at me.
melbel: there is a floor of $600, but this number doesn't have to come solely from the Ad Program. If HubPages paid you at least $600 in 2011, you will receive a 1099. If you were under that, you will not receive a form from us.
If you live outside of US, HubPages will mail you a 1042-S tax form if both of these are true:
-you filled out a W-8 as your tax form
-you were paid at least $50 via the HubPages Earnings Program in 2011
What happens if your tax information involves "No United States Activities Certification?"
If you filled out a "No United States Activities" form, then you will not be receiving end of the year tax forms from HubPages.
It doesn't matter how little you make, it is still income that you legally have to report. The $600 is simply the trigger that determines if HP has to report it on a 1099.
I agree. In fact, I'm pretty pissed because had it not been for HP BREAKING THE LAW and not having them out by January 31st, I'd have my refund already! I need my refund asap and I hate that I don't have it yet because HubPages screwed up and didn't get them out in accordance with the law. Is there any repurcussion? No, of course not!
I'm well under the total threshhold..I won't get a form anyway.
(I had thought that they were supposed to go out by Jan. 31st????) But, it's ok.. I don't really care...
They are supposed to - and if you don't receive them you can file a complaint with the IRS and they will then contact the company and make sure you get one! So effectively the company has to get it to you by the 15th.
Yeah, they have to get them out by Jan 31 by law and if they don't you can contact the IRS and then HP gets a slap on the wrist! What's the sense in having laws like that?!
Shrug. I get 100's of them and most of them are late.
Why do you care? You can get the amount easily from your earnings reports. That's all you need to know to work on your taxes - the 1099's don't get sent in with your return.
I don't believe all earnings are reported there. I don't think it includes amounts from the HP contests.
All of your HubPages earnings that have been disbursed via the HubPages Earnings Program (Ad Program, eBay Program, Contests) can be viewed in My Account > Earnings > Balance History.
Can you also give us HubPages' federal identification number?? That's all I'm waiting on my 1099 for!
Thanks for the clarification......I believe my contest earnings were prior to the HP Earnings program and is why I got that impression.
I'm assuming that the contest earnings will also be included on the 1099?
I care because I need the employer ID to include in my return. Yes, I know the amount and my taxes are done except for the receipt of the 1099 from HP. Once I get it I'll confirm the amount is what I've entered and I'll input HP's ID# and finally be on my way to receiving my refund. THAT's why I care.
...I also am kinda "type A" and hate when rules aren't followed, particularly when it affects money coming my way!
You don't need to input any employer id from a 1099.
TurboTax (and perhaps other software programs) requires the Taxpayer ID number to be entered if you have indicated a 1099 was sent. You can bypass this and enter miscellaneous income where you were not sent a 1099.
Exactly. There is absolutely no need to enter the 1099. You just add them up and report the income.
As I said, I get hundreds of these every year. I'm not going to waste my time entering them. I report every penny of income ( most of it never gets reported on a 1099 to me), but the 1099 itself is meaningless.
Where did they send our tax forms? Is it email? Gosh, having been here only about 5 months, It isn't enough for 2 cups of coffee. LOL
I know in one of the threads it was said that the forms were mailed to the address you have on file. I've been digging around to determine what address you have for me. I lived at the same address for over 30 years, but have moved twice in the last 6 months with forwarding orders on file. I know this is going to further delay mine. I didn't think it would be a problem since I had requested "electronic delivery".
Does anyone know where we locate our address info on HP? If nothing else, I need to update mine for future use.
Sorry about this, KCC. This was our first time doing a large-scale tax form integration; electronic delivery should be set for next year.
If you contact our ad team, they can check which address your 1099 was sent to, and, if necessary, expedite another one to your current address.
Thanks, Jason! I have now emailed HP to have a name change and address change. The HP 1099 is all I've been waiting on since the 1st in order to file my taxes. Ordinarily, I'd already have my refund in my hand by now. Guess this way keeps me from spending it a bit longer. LOL
To complicate matters, I got divorced in the middle of all this too and changed my name. (It's all ok for 2011, but the name change needs to be noted for 2012).
alphagirl & KCC: we encrypt tax information upon submission, but I just sent each of you an email to confirm the addresses we have on file. If there has been a change in either of your mailing addresses recently, we may have to send you another form.
You can report the income, assuming you know the amount (and I believe I do) without having the 1099. However, if you know someone is filing the 1099 it is in your best interest to wait until you get it to make sure you match and to have their taxpayer ID number to include in your filing so that things properly match up at the IRS.
It would just prefer to have as few red flags as possible with the IRS.
I think Lily Rose will agree with me. We know what the amount should be, we know multiple places to get try to verify the amount, we intend to report it, but if you KNOW that a 1099 is being issued, we'd prefer to report it such and do it timely and correctly. For our method of filing (TurboTax) that requires the Taxpayer ID # and by doing it this way we help to keep things tidy down at the IRS.
Pcunix, do you at least compare the 1099's you do get to what you believe your totals to be on these 100s? What if someone grossly over-reports your income to the IRS? I realize you're covered if they under-report because you claim you are submitting income whether you get a 1099 or not.
As I typically only get about 15% of the 1099's that I SHOULD have gotten, I don't compare them. I do glance at them just to be sure some computer glitch hasn't done something stupid.
If I only reported what I get on 1099's, I'm sure the IRS would be wondering where the heck all the money that flows through my bank came from
An awful lot of my business is under the $600 limit, so those people aren't doing anything wrong. I'd be wrong not to report every penny.
I even get cash now and then. I deposit and report all of that, too. I even report what I win at poker playing with friends!
Oh, and I use Turbo Tax too. Have for many, many years.
Well...as long as you're at least glancing at them I feel a bit better....lol
I guess it's my accounting background that doesn't allow me to not be more precise with matching and balancing, etc. But, I also don't have 100s. Maybe my pickiness would decline with the dollar signs.
I have one customer who always sends email telling me what he's about to put on the 1099. Sometimes it is off a few dollars one way or another. I never correct him because I don't want to put him to the trouble of figuring out why.
I find him amusing
So, what do you do if you already filed your taxes? I couldn't wait, and had to file mine already, due to certain legal issues. I know I can file an amended return, but do I have to wait till next year, and pay the extra money to do that??? Really upset by this!!! So, I'm going to get the 1099 almost a month late, and will probably have to pay extra to file an amended return? Beyond frustrated!!!!
My form arrived yesterday, so I'm happy enough. I wasn't about to fill out tax forms in January anyway. Leaving that margin of a couple of weeks allows for any stragglers.
Well, the only time I'm johnny-on-the-spot with the forms is if I expect a refund. If I'm going to have to pay, you'd better believe I'm one of those dropping my papers in the mail just in time for the midnight postmark deadline in April! They already take enough of our money as it is!
Well, Pcunix, IMO, there should be NO filing of taxes after the fact at all. The amount deducted should be properly adjusted in the first place, and DONE!! No refunds, NO owing more! Abolish the whole shebang we have to deal with every April! It's sickening and stressful.
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