do 1099 contractors receive 1099 forms quarterly? [closed]
Clash Royale CLAN TAG#URR8PPP
.everyoneloves__top-leaderboard:empty,.everyoneloves__mid-leaderboard:empty margin-bottom:0;
up vote
1
down vote
favorite
Since taxes need to be filed quarterly would a 1099 form be mailed out quarterly, as well, by the company?
united-states taxes
closed as off-topic by Jan Doggen, gnat, IDrinkandIKnowThings, Michael Grubey, yochannah Sep 13 '14 at 14:02
This question appears to be off-topic. The users who voted to close gave this specific reason:
- "Questions seeking advice on company-specific regulations, agreements, or policies should be directed to your manager or HR department. Questions that address only a specific company or position are of limited use to future visitors. Questions seeking legal advice should be directed to legal professionals. For more information, click here." – Jan Doggen, gnat, IDrinkandIKnowThings, Michael Grubey, yochannah
suggest improvements |Â
up vote
1
down vote
favorite
Since taxes need to be filed quarterly would a 1099 form be mailed out quarterly, as well, by the company?
united-states taxes
closed as off-topic by Jan Doggen, gnat, IDrinkandIKnowThings, Michael Grubey, yochannah Sep 13 '14 at 14:02
This question appears to be off-topic. The users who voted to close gave this specific reason:
- "Questions seeking advice on company-specific regulations, agreements, or policies should be directed to your manager or HR department. Questions that address only a specific company or position are of limited use to future visitors. Questions seeking legal advice should be directed to legal professionals. For more information, click here." – Jan Doggen, gnat, IDrinkandIKnowThings, Michael Grubey, yochannah
You can download that 1099 form off the IRS site at any time. You can also calculate the taxes you owe by downloading the 1040 guide/doc and going through it. If you dont want to do the calcs yourself, you can pay an accountant to do it. Try to get a competent accountant because if your accountant screws up, the IRS is coming after you because you signed off on your tax declaration as complete and accurate.
– Vietnhi Phuvan
Sep 12 '14 at 14:34
suggest improvements |Â
up vote
1
down vote
favorite
up vote
1
down vote
favorite
Since taxes need to be filed quarterly would a 1099 form be mailed out quarterly, as well, by the company?
united-states taxes
Since taxes need to be filed quarterly would a 1099 form be mailed out quarterly, as well, by the company?
united-states taxes
asked Sep 12 '14 at 13:33
neubert
87731422
87731422
closed as off-topic by Jan Doggen, gnat, IDrinkandIKnowThings, Michael Grubey, yochannah Sep 13 '14 at 14:02
This question appears to be off-topic. The users who voted to close gave this specific reason:
- "Questions seeking advice on company-specific regulations, agreements, or policies should be directed to your manager or HR department. Questions that address only a specific company or position are of limited use to future visitors. Questions seeking legal advice should be directed to legal professionals. For more information, click here." – Jan Doggen, gnat, IDrinkandIKnowThings, Michael Grubey, yochannah
closed as off-topic by Jan Doggen, gnat, IDrinkandIKnowThings, Michael Grubey, yochannah Sep 13 '14 at 14:02
This question appears to be off-topic. The users who voted to close gave this specific reason:
- "Questions seeking advice on company-specific regulations, agreements, or policies should be directed to your manager or HR department. Questions that address only a specific company or position are of limited use to future visitors. Questions seeking legal advice should be directed to legal professionals. For more information, click here." – Jan Doggen, gnat, IDrinkandIKnowThings, Michael Grubey, yochannah
You can download that 1099 form off the IRS site at any time. You can also calculate the taxes you owe by downloading the 1040 guide/doc and going through it. If you dont want to do the calcs yourself, you can pay an accountant to do it. Try to get a competent accountant because if your accountant screws up, the IRS is coming after you because you signed off on your tax declaration as complete and accurate.
– Vietnhi Phuvan
Sep 12 '14 at 14:34
suggest improvements |Â
You can download that 1099 form off the IRS site at any time. You can also calculate the taxes you owe by downloading the 1040 guide/doc and going through it. If you dont want to do the calcs yourself, you can pay an accountant to do it. Try to get a competent accountant because if your accountant screws up, the IRS is coming after you because you signed off on your tax declaration as complete and accurate.
– Vietnhi Phuvan
Sep 12 '14 at 14:34
You can download that 1099 form off the IRS site at any time. You can also calculate the taxes you owe by downloading the 1040 guide/doc and going through it. If you dont want to do the calcs yourself, you can pay an accountant to do it. Try to get a competent accountant because if your accountant screws up, the IRS is coming after you because you signed off on your tax declaration as complete and accurate.
– Vietnhi Phuvan
Sep 12 '14 at 14:34
You can download that 1099 form off the IRS site at any time. You can also calculate the taxes you owe by downloading the 1040 guide/doc and going through it. If you dont want to do the calcs yourself, you can pay an accountant to do it. Try to get a competent accountant because if your accountant screws up, the IRS is coming after you because you signed off on your tax declaration as complete and accurate.
– Vietnhi Phuvan
Sep 12 '14 at 14:34
suggest improvements |Â
1 Answer
1
active
oldest
votes
up vote
5
down vote
No.
1099 forms are sent by the buyer/company between the end of the calendar year and Jan. 31st.
You must keep track of your own receivables in order to make your estimated tax payments.
If it helps, the IRS provides a worksheet to estimate your payments in the same document as your 1040-ES form
Here's a link.
Since taxes need to be done quarterly with 1099's why do they only send it out annually? That seems rather like "you need to renew your drivers license once a year but we will only give you the info on how to renew once every ten years". ie. it seems extremely unhelpful.
– neubert
Sep 12 '14 at 14:39
Some taxpayers who get W-2's have to file quarterly. They only see the W-2 in January.
– mhoran_psprep
Sep 12 '14 at 15:19
The quarterly estimate form's not too bad @neubert, if you need help with the overall scope of everything you can hire a CPA, as I did, their rates were much more reasonable than I was expecting.
– Andrew Bartel
Sep 12 '14 at 16:02
1
@neubert - I think you are missing the point. The 1099 is not to help you do your taxes. It is the company reporting to the IRS what you've been paid. The 1040-ES is your estimated payments, which you need to calculate yourself. The 1099 is for the government's benefit, not yours. You get a copy as a way to verify what they reported is accurate and truthful.
– Wesley Long
Sep 12 '14 at 18:45
suggest improvements |Â
1 Answer
1
active
oldest
votes
1 Answer
1
active
oldest
votes
active
oldest
votes
active
oldest
votes
up vote
5
down vote
No.
1099 forms are sent by the buyer/company between the end of the calendar year and Jan. 31st.
You must keep track of your own receivables in order to make your estimated tax payments.
If it helps, the IRS provides a worksheet to estimate your payments in the same document as your 1040-ES form
Here's a link.
Since taxes need to be done quarterly with 1099's why do they only send it out annually? That seems rather like "you need to renew your drivers license once a year but we will only give you the info on how to renew once every ten years". ie. it seems extremely unhelpful.
– neubert
Sep 12 '14 at 14:39
Some taxpayers who get W-2's have to file quarterly. They only see the W-2 in January.
– mhoran_psprep
Sep 12 '14 at 15:19
The quarterly estimate form's not too bad @neubert, if you need help with the overall scope of everything you can hire a CPA, as I did, their rates were much more reasonable than I was expecting.
– Andrew Bartel
Sep 12 '14 at 16:02
1
@neubert - I think you are missing the point. The 1099 is not to help you do your taxes. It is the company reporting to the IRS what you've been paid. The 1040-ES is your estimated payments, which you need to calculate yourself. The 1099 is for the government's benefit, not yours. You get a copy as a way to verify what they reported is accurate and truthful.
– Wesley Long
Sep 12 '14 at 18:45
suggest improvements |Â
up vote
5
down vote
No.
1099 forms are sent by the buyer/company between the end of the calendar year and Jan. 31st.
You must keep track of your own receivables in order to make your estimated tax payments.
If it helps, the IRS provides a worksheet to estimate your payments in the same document as your 1040-ES form
Here's a link.
Since taxes need to be done quarterly with 1099's why do they only send it out annually? That seems rather like "you need to renew your drivers license once a year but we will only give you the info on how to renew once every ten years". ie. it seems extremely unhelpful.
– neubert
Sep 12 '14 at 14:39
Some taxpayers who get W-2's have to file quarterly. They only see the W-2 in January.
– mhoran_psprep
Sep 12 '14 at 15:19
The quarterly estimate form's not too bad @neubert, if you need help with the overall scope of everything you can hire a CPA, as I did, their rates were much more reasonable than I was expecting.
– Andrew Bartel
Sep 12 '14 at 16:02
1
@neubert - I think you are missing the point. The 1099 is not to help you do your taxes. It is the company reporting to the IRS what you've been paid. The 1040-ES is your estimated payments, which you need to calculate yourself. The 1099 is for the government's benefit, not yours. You get a copy as a way to verify what they reported is accurate and truthful.
– Wesley Long
Sep 12 '14 at 18:45
suggest improvements |Â
up vote
5
down vote
up vote
5
down vote
No.
1099 forms are sent by the buyer/company between the end of the calendar year and Jan. 31st.
You must keep track of your own receivables in order to make your estimated tax payments.
If it helps, the IRS provides a worksheet to estimate your payments in the same document as your 1040-ES form
Here's a link.
No.
1099 forms are sent by the buyer/company between the end of the calendar year and Jan. 31st.
You must keep track of your own receivables in order to make your estimated tax payments.
If it helps, the IRS provides a worksheet to estimate your payments in the same document as your 1040-ES form
Here's a link.
edited Sep 12 '14 at 18:43
answered Sep 12 '14 at 13:44


Wesley Long
44.7k15100159
44.7k15100159
Since taxes need to be done quarterly with 1099's why do they only send it out annually? That seems rather like "you need to renew your drivers license once a year but we will only give you the info on how to renew once every ten years". ie. it seems extremely unhelpful.
– neubert
Sep 12 '14 at 14:39
Some taxpayers who get W-2's have to file quarterly. They only see the W-2 in January.
– mhoran_psprep
Sep 12 '14 at 15:19
The quarterly estimate form's not too bad @neubert, if you need help with the overall scope of everything you can hire a CPA, as I did, their rates were much more reasonable than I was expecting.
– Andrew Bartel
Sep 12 '14 at 16:02
1
@neubert - I think you are missing the point. The 1099 is not to help you do your taxes. It is the company reporting to the IRS what you've been paid. The 1040-ES is your estimated payments, which you need to calculate yourself. The 1099 is for the government's benefit, not yours. You get a copy as a way to verify what they reported is accurate and truthful.
– Wesley Long
Sep 12 '14 at 18:45
suggest improvements |Â
Since taxes need to be done quarterly with 1099's why do they only send it out annually? That seems rather like "you need to renew your drivers license once a year but we will only give you the info on how to renew once every ten years". ie. it seems extremely unhelpful.
– neubert
Sep 12 '14 at 14:39
Some taxpayers who get W-2's have to file quarterly. They only see the W-2 in January.
– mhoran_psprep
Sep 12 '14 at 15:19
The quarterly estimate form's not too bad @neubert, if you need help with the overall scope of everything you can hire a CPA, as I did, their rates were much more reasonable than I was expecting.
– Andrew Bartel
Sep 12 '14 at 16:02
1
@neubert - I think you are missing the point. The 1099 is not to help you do your taxes. It is the company reporting to the IRS what you've been paid. The 1040-ES is your estimated payments, which you need to calculate yourself. The 1099 is for the government's benefit, not yours. You get a copy as a way to verify what they reported is accurate and truthful.
– Wesley Long
Sep 12 '14 at 18:45
Since taxes need to be done quarterly with 1099's why do they only send it out annually? That seems rather like "you need to renew your drivers license once a year but we will only give you the info on how to renew once every ten years". ie. it seems extremely unhelpful.
– neubert
Sep 12 '14 at 14:39
Since taxes need to be done quarterly with 1099's why do they only send it out annually? That seems rather like "you need to renew your drivers license once a year but we will only give you the info on how to renew once every ten years". ie. it seems extremely unhelpful.
– neubert
Sep 12 '14 at 14:39
Some taxpayers who get W-2's have to file quarterly. They only see the W-2 in January.
– mhoran_psprep
Sep 12 '14 at 15:19
Some taxpayers who get W-2's have to file quarterly. They only see the W-2 in January.
– mhoran_psprep
Sep 12 '14 at 15:19
The quarterly estimate form's not too bad @neubert, if you need help with the overall scope of everything you can hire a CPA, as I did, their rates were much more reasonable than I was expecting.
– Andrew Bartel
Sep 12 '14 at 16:02
The quarterly estimate form's not too bad @neubert, if you need help with the overall scope of everything you can hire a CPA, as I did, their rates were much more reasonable than I was expecting.
– Andrew Bartel
Sep 12 '14 at 16:02
1
1
@neubert - I think you are missing the point. The 1099 is not to help you do your taxes. It is the company reporting to the IRS what you've been paid. The 1040-ES is your estimated payments, which you need to calculate yourself. The 1099 is for the government's benefit, not yours. You get a copy as a way to verify what they reported is accurate and truthful.
– Wesley Long
Sep 12 '14 at 18:45
@neubert - I think you are missing the point. The 1099 is not to help you do your taxes. It is the company reporting to the IRS what you've been paid. The 1040-ES is your estimated payments, which you need to calculate yourself. The 1099 is for the government's benefit, not yours. You get a copy as a way to verify what they reported is accurate and truthful.
– Wesley Long
Sep 12 '14 at 18:45
suggest improvements |Â
You can download that 1099 form off the IRS site at any time. You can also calculate the taxes you owe by downloading the 1040 guide/doc and going through it. If you dont want to do the calcs yourself, you can pay an accountant to do it. Try to get a competent accountant because if your accountant screws up, the IRS is coming after you because you signed off on your tax declaration as complete and accurate.
– Vietnhi Phuvan
Sep 12 '14 at 14:34