You'll get a 1099...
Posted By: MT on 2009-02-09
In Reply to: New to IC status and question about taxes sm - Amanda
As a first-time IC, you may want to get some tax preparation help because you should have some write-offs that will most likely save you money.
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1099
You can file without a 1099 -- as long as you have invoices, etc. that you sent them or copies of checks that they paid, you just report that amount to the IRS. You don't send in copies of the 1099 with your taxes you just report the income. Sometimes companies do not send out 1099 and figure it is up to the IC's to keep track of and report their income. But be sure you have copies of all invoices or billings to the company to verify what you got paid. That is why, when an IC you should invoice or bill out what your services to the company so that YOU have a record of what you did for the company.
no, you will get a 1099
x
1099
I emailed them and they told me they had some mixup and they hoped they would be sending them this week........
W2 -- 1099
is it focus informatics? Go to the job boards and get the email and send request. OR ggogle the business name and see what comes up and contact that way.
1099 no message
They do not have to send you a 1099 for what they did NOT pay you, However,
you still need to claim what you received regardless if they send you a 1099 or not and pay your taxes accordingly. I would report them to the IRS in either case, because I am sure you have tried to receive your past compensation without much success.
Anyone rec'd 1099 from Sten-Tel yet?
Still waiting on mine. This is from the Sten-Tel in Massachusetts.
Also, anyone know if they are hiring? I'm thinking about begging for my job back.
thanks.
1099 versus W2
An IC receives a 1099. You will see your total earnings under the section called Non-employee Compensation.
I totally agree with the other poster who said you should see a tax specialist, and I don't mean H&R Block. Ask friends and family who they would recommend. Don't just choose someone out of the phone book.
I'm also recommending that you get into the habit of deducting the money to pay your taxes with every single check you receive, unless you're really good with leaving your money alone (no matter what) and can pay your taxes quarterly. Also, a lot of people have different recommendations on how much you should set aside for your taxes. It can be anywhere from 20% to 30%, depending upon where you live. Discuss this with your tax specialist.
Oh, yes, it turned out I didn't need the 1099 after all
Just as said above, when I didn't receive it my accountant just told me to get my own information together and then send the employer a letter telling them that this is how much I earned, this is how much I'm going to claim. I guess I was just letting the OP know that I knew the feeling of not getting a 1099.
To the other poster above, I did get out of there as soon as I could. It was a local MTSO and at that point I was new and even now I didn't want to work for the Nationals so I stayed. The pay was good and as an IC I made my own hours. The only problem basically was the 1099 situation.
1099 Form amount
Isn't the amount $600.00? If you make that amount or more then you must be sent a 1099 form? I do have records of all of my earnings that I made last year. I made a little over $3,000.00 with this company. It was not that much, but enough to report in.
Has anyone who worked for CorTmedical in 2006 gotten their 1099 yet?
I know that a lot of us were burned last year by this company. I am wondering if they are going to at least send the 1099 for what they should have paid us. I am wondering if they do not send it, how am I going to claim what they did not pay me as a loss? Thanks to all, hope everyone has found something better since that disaster.
Sudden change in 1099 status?
why would a company after YEARS of having IC's suddenly push everyone into an employee status? Does this have anything to do with trying to make the company less likely to be unionized??? Or is there something else entirely going on that Im missing all the way around?
Still have not received 1099 form from previous employer!
Am I not correct that employeers are supposed to send out 1099 forms by the 31st of January? I quit a company back in May of 2007 and I still have not yet received a form. I guess I should contact these people? You would think they would have sent it to me by now! It's frustrating having to contact old employers because you really do not want to have to be bothered by them anymore!
Agree with Patti. MTOS sends 1099 as courtesy,
x
If you'll read through past posts you'll find lots of
recent info. Why do you need menitoring if you already work as an MT. Unless you do clinic work most companies will require you to work at least one weekend day, at least initially.
If you'll read the archives you'll find out everything
you want to know, none of it good.
Probably figure you'll want Way more than they'll offer, whatever it might be. :) nm
s
If you'll read more carefully you'll see
I was referring to AFTER she's missed out on a job, having a friend do sort of an audit to tell her what what was wrong with her test she submitted -- not cheating.
CorTmedical MTs; Have any of you gotten your 1099 from CorTmedical for last year?
I know that a lot of us were burned last year by this company. I am wondering if they are going to at least send the 1099 for what they should have paid us. I am wondering if they do not send it, how am I going to claim what they did not pay me as a loss? Thanks to all, hope everyone has found something better since that disaster.
I'll take that hat!
Take ur hat off to me cuz I work at MedQuist, have plenty of work and make a lot of money - and they do leave me alone which is kewl. Been with 'em for 8 years too!
hey, it's ya'll
Yu'll
No, no, no, it's Yu'll for "you will"
I think you'll like VR
I work for MDI on the eScription VR platform, good accounts, good pay, and I need team mates to help with the backlog of work (I'm on 2nd shift). I highly recommend it. I have been on VR for 3 years and have found it more profitable than straight transcription, and much easier on the wrists/hands.
now I'll be looking for one
because I think the hours thing (except so they have an idea of when you work to regulate work flow) is bull.
I'll try.. sm
I am happy at OSi. I've been with them for two years now. I've been doing well with them. My main account was a little low on work over the summer, but is back to being pretty busy. Even when it was low, I had my backups. I've been there long enough and have worked on enough accounts that I can grab backup work from several different accounts but usually don't need it. We use the Extext platform and I love it. The best part of it is being able to pull up samples, past reports, etc. That is what helped me move into being able to do op notes which I hadn't done before but now do plenty of. On my main account, I barely have any ESL and the few I do are very easy. I've worked on VA and there are a few more ESL on those, but only a few were very difficult. To compensate, you are allowed a couple of blanks on those anyway, and like I said, when you can pull up other reports for these dictators, it helps a lot anyway. Compared to what I see in some of the job ads, I feel I'm compensated pretty well. There are frequently incentives offered. For the most part, I'm left alone to work and am not bugged. I'm able to do above my 12,000, lines per pay period and also work as an IC with another company to boot. I am paid by direct deposit on time, every time. Never ever a problem with that. The couple of times there has been a problem with my check, say an incentive having been left off or something like that, I've had a manual check cut and in the mail right away. Hopefully this post will be allowed to stay and won't be overrun by those that weren't happy at OSi, but I couldn't be happier there.
You'll get it ----
It won't be the correct amount, but you'll eventually get it. I'm outta there. Today was my last day.
Thanks. I'll do that. NM
o
You'll never know if you don't try.
I would just go for it. Make sure though that you are checking and double checking everything, and look up anything you don't know for sure. This will take a while but eventually you'll get used to the job and you'll be glad you tried it. Good luck.
I'll bet
and you've never made a typo?
I'll 3rd IT
Allstate Transcription started a mentoring program that is very much needed in our industry, and I am pleased to say that I have been a team player for two or three months now! In this program, Deb, the owner, gives people who have gone through some kind of course an opportunity to work on real accounts with real TATs. In addition, she provides MEGA feedback with all kinds of documentation to sites for the interns to read. Deb nor the editors can make anyone do anything. The intern has to WANT to learn more and improve and has to have the capacity of breaking a habit of doing things their way versus the AAMT BOS way. Deb will do flips backwards just to help someone succeed with multiple second chances. In the real world, if you can't produce an accuracy of 98% and above, you will be terminated. In Deb's defense, she cannot continue to allow a person who is not progressing to fill a slot when she has others begging to get into the program. It seems that everyone here has a clear understanding of the bigger picture ~ producing 98% accurate work to a client so that they can provide the BEST care to the patient - afterall, it is the patient whose well-being is at stake here. Carla
I'll try them both. Thanks.:)
x
Thanks - I'll try that! - nm
nm
I'll second that!!!
The reason I work for my current company is that they keep all work in the US! I am so glad that I found them!
I'll bet that you do.
You'll never see
10 cpl from MQ even if you truly, truly deserve it.
I'll second that
at least animals are honest about their dishonesty.
I'll second that!
I was hired by Cymed in the fall of 2005, and it really wasn't a very bad place to work, although not the absolute best, but then SPi bought them out in the summer of 2006, and the changes REALLY became evident in the fall of 2006. I started running out of work more and more each day, the account managers were constantly changing, my pay checks started getting screwed up (they stopped paying me my second shift differential that I always got with CyMed), and the office staff was just plain RUDE. I finally got completely fed up and left back in February 2007 and went to Keystrokes and have been 1,000 times happier!
i'll second all of that!
x
I'll second that!
Love, love, love it there! Never been so happy with a job before!
thank you, I'll try it!!
I'll bet this is TT
Nah, you'll probably have to pay THEM
.
It won't fly. I still don't believe they'll ever
so many hospitals and doctors don't even know what a CMT is or have never heard of AAMT or whatever they call themselves these days. Why would any sane person push for forced credentialing when it doesn't even increase our pay rates? You'll never gain any extra esteem in the eyes of physicians unless you actually have M.D. after your name. If they ever find a way to implement this (which I highly doubt), I will cease to MT, not because I am incapable of receiving credentials, but because it is completely ridiculous. Yet one more way to force liability on the MT where it should never exist, too. Any MT who falls for this has obviously been brainwashed by AAMT, the organization that changed its name because it had MT in it! They aren't for us in the least so please wake up to that fact. They have and will continue to harm MT more than they will ever advance it. The only ones capable of changing this industry are the individual MTs by not accepting BS, either from pseudo-organizations, MTSOs, or clients. End of story.
I'll tell you what I know sm
They always pay on time every 2 weeks (26 times a year). Reasonable benefits after 90 days if you maintain 11K lines and 80 hours per pay period. QA people are wonderful. Tech support is supreme. Management is nice, polite, available.
The way to be happy at TT is work something other than 8-5 and to agree to having a primary and at least 1 or 2 secondaries. An attitude that work is work and it has to be done, might as well be you, works very well. Being punctual and consistently working your shift will go a long way for you too.
I love it and will continue to stick with it.
I'll just bet MDI
would love to talk to you if you have the experience in acute care they require. Go to mditrans.com for more info. They are great to work for.
Thanks...I'll try that...n/m
x
not all they say- I'll say!
The reason why you can't get any work after 10 pm. is because the supervisors who are scheduled to work into the late evening and early a.m. aren't on and do not send the work to the MT's. Operations will tell you that they are on all night, but they are not, and everyone knows it. You will only be hired for midnight shifts even though there is plenty of M-F, 9-5 work available (they same those for fav's). You will never get a schedule change, regardless of the promises. Your personal situation will never be considered. All of the execuitves are convinced that every MT is stealing from them and they will ALWAYS be treated like dirt. They are convinced that they pay the highest in the industry when studies have shown that they are in the lower 40% of pay. This is what a company is like when you scummy people running it.
You'll fit right in...
at MedQuist. Why not give them a try?
If you want the best, you'll have to pay for it.
That's just it. Many MTs aren't the best and expect to be paid for it.
I'm a little surprised that you are only now, as an IC, dictating what your rate is. That's what IC is... INDEPENDENT contractor. What took you so long?
I think you'll like it...
It was easy to learn and not too time consuming before entering the actual report screen.
I'm not sure what I'll do...
They are supposed to call me today. I already work for MED-Scribe of Utah and, although I really like it, I would love to do clinic work and have holidays and weekends free. MED-Scribe has been really nice and helpful so far. Everyone is nice, and I have not run into anyone that is rude. I see a lot of complaints with MTs that have run into rude behavior from companies. I've not had that with MED-Scribe. My only complaint with MED-Scribe is that the communication dept. can be lacking at times. Other than that, it has been fine. It is very full time, though. It was my first job offer, and I took it. Some of the posts about ZyloMed from back in 2006 are very discouraging, but I wonder if things are better there now. Even though I would prefer strictly clinic work, I don't want to make a decision I would regret with a bad company.
I had training on Emdat when I tested with On-Time Transcription. It is very time consuming to fill in all of the info. I can see where Maryann makes a good point about the line count. It would take a lot of time to fill in all the demographics.
Now I'm not sure what to do! I suppose it would depend on how much they offer. I absolutely love Urology! (Sigh!)
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