I Hate the Internal Revenue Service

How is it the IRS's fault you don't have 1099s?


1099 comes from your employer or the source.
I have most of them. I have over 100 each year. Some with my social, some with my business tax ID. I'm missing some but I'm not sure which due to unreliable mail system. I can declare the income without the 1099 but then I get hit with these small audits from 1099 that wasn't reported on my taxes complete with penalties and interest. Some of the smaller people that license video don't send a 1099 at all even if over $600. I have others that send a 1099 out even if it is $100.

I have no way of knowing who sends out what or what I am supposed to be getting. This isn't like I have 3 1099's each year from the same companies.

Fortunately I'm at that point where I'm making enough to pay a good CPA and he will save me enough in taxes to make up the difference. So basically I'm making enough to pay a CPA instead of taxes. Maybe one day I'll make enough to turn it into a net profit. That's when you know you made it.