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misscrystal

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misscrystal last won the day on June 28 2020

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  1. I got that too for any page on the site. It is now working for me although uploading my work was slow to load.
  2. She told me to call and write letters to Paypal and also Fiverr and ask why I got 1099s from each one. I have a bad feeling about this. I can imagine going to tax court actually over it. Time to look for a tax lawyer. We need fiver to give us a letter which states all our payments from fiverr went to Paypal. Otherwise we are in for problems.
  3. My accountant has been doing this for 40 years and has never seen this happen before, where we have two 1099s for the same income. I expect to have a lot of explaining to do if I don’t want double the taxes. Plus penalties.
  4. Minors work, pay taxes, and have social security numbers.
  5. Hi GG, hoping to not get audited haha. They would probably send a letter asking for lots of extra money.
  6. New update from CS about your 1099s: Hi again, I’m back with an update. The 1099 form will be issued directly from our Finance department to you as a user by the end of this month. This is only if you earned over $20,000. So this raises a question I have: We get a 1099 from Paypal and a 1099 from fiverr but this is for the same income. But to the IRS it looks like we have two separate incomes.
  7. So the IRS will get a 1099 from fiverr and a 1099 from Paypal. But we will only get one from Paypal. (If we have over 200 withdrawals etc.) Something doesn’t make sense. I will consult my accountant.
  8. I got a response from CS: Fiverr does not issue any 1099 forms directly to its sellers. Fiverr uses two payment processing companies to pay its sellers: PayPal and Payoneer. US individual sellers should receive their 1099-K form directly from PayPal or Payoneer, respectively, for withdrawals that exceed $20,000 and more than 200 transactions per year. This leaves a big gap because anyone who does not have withdrawals that exceed $20,000, or more than 200 transactions, would not be getting a 1099, from anyone.
  9. Form 1099 is used to report certain types of non-employment income to the IRS, and there are many different types. The IRS matches 1099s with your tax return; if you fail to report one, it will pursue you for taxes owed. The deadline to mail 1099s to taxpayers is Jan. 31. You are responsible for paying the taxes you owe even if you don’t get the form from a payer, so make sure to include those earnings in your tax return. If you receive an incorrect 1099 form and the payer has already sent it the IRS, ask them to send in a corrected form.
  10. You may want to take a look at the link I posted in my first post. If fiverr sends a 1099 to the US tax authorities they will give us a copy to file with our taxes. edit: apparently fiverr does not send us a 1099. It’s confusing because they said they were sending one out to the IRS for all sellers and I thought they had to send a copy to us but maybe not.
  11. If you decide to Submit a Request maybe post the answer here. I will although I’m not sure CS would have that answer but I sent a request.
  12. There is a Submit a Request at the bottom of the article if you require further help. Thank you. I posted this here thinking it would be of help to not just me but to everyone. I and others now have to wait to file our taxes until we get our 1099s. So I was wondering if anyone knew of the date or timing of getting them.
  13. Thank you. This was the only thing I saw relating to my question: Are the 1099s going to start from the date we sign the W-9s, or at the start of 2020? Forms will be sent in 2021 for the entire 2020 tax year. I just want to know when we will get the 1099s.
  14. Yes that is true but many of us get 1099s. The amount must be over $400 to have to pay taxes as I recall. I made more than that.
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