Question about duplicate 1099s (Same amount - different companies)
Posted By: AzMT on 2007-02-06
In Reply to:
I received a 1099 from a business I've never heard of, but the amount was just about right for a company I subcontract for. I asked them if my 1099 would be coming under this other ame and they said no, which made it sound like they didn't even know that company. I proceeded to research the name and found out that the same owner owns both companies with the business on my 1099 now dissolved and in poor standing. I'm confused as to why this happened and requested that my 1099 come from the company I did the work for. They said that is fine and that they would reissue it with that name.
How does this work with the IRS now that they will have two 1099s for me with the same amount, but from different companies. I can only claim one as that is how much I worked, but won't they audit me or something because of this. The business owner said not to worry about. I should probably put a call into my tax man, but was wondering if anyone here has any knowledge with anything like this. It just doesn't seem right and makes me uncomfortable.
TIA
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Duplicate 1099
It would be the same as if your hospital was owned by a larger corporation and it had the corporation's name on it. However if they said that they are reissuing one then the second one should have "corrected" on it -- if they have sent it into the IRS already. Keep copies of your invoices that you billed to the company if there is a question later on showing what you billed to what company. Also when you receive you second 1099 see if the Federal ID number is the same. Good luck.
Durn.. sorry for the duplicate.. still cannot see the picture.
x
This post is a duplicate, and it was answered (nm)
nm
don't use TASP's period. Why duplicate the internet especially when it is free...I use
Docshuttle, and an FTP site. Docshuttle can be set up to be entirely automatic at the doc's end, which makes it so much easier to get the file to and fro.
1099s
I am just throwing in my two cents worth here. When I first started doing IC work, the company I worked for NEVER sent me a 1099. I made between 10 and 15k the first year part time, and I still reported it. It was my income that the IRS was concerned with, not whether I received a 1099 or not. What the company did as far as reporting paying an IC, I have no idea. That is their business.
1099s
only if it is 600 dollars or more will you be sent a 1099
I have 1099s and W-2s to deal with
if that helps with feedback on the programs.
anyone know the deadlines for the W2s/1099s to be mailed out by? nm
;
Of course pay taxes now. Ever hear of 1099s?
x
Anybody started their 2005 taxes yet? How many W-2s or 1099s
will you be getting? Seven for me. I hope they're all here within a reasonable amount of time. My taxes are going to be difficult to do this year as we have a lot of itemized deductions we can take.
Can anyone tell me when 1099s are due out to ICs. I am still waiting for mine with many excuses fro
nm
pay amount
I work for them and have for years now. What they do is basically pay how they are paid so we cannot blame them. Basically, the client takes 1/2 of the total lines for the month and pays it on the 15th of the next month and the other half on the next paycheck and so on. I have always been paid my full amount with no problems. To figure out pay, go into the transcription program and look up your lines for the month and divide them in half...very simple really. Again, they have always paid correctly and I have been with them 4.5 years now.
for me it would be the same amount of...
of Keystrokes as I use yo and then the spacebar, which would still be 3 keystrokes. From typing, it is just natural for me to hit the spacebar versus using the ";". Is this what you mean?
amount of RAM
Is there a way to tell if low RAM is slowing things down or if it is just the platform? I have various problems (aside from several-second delays with certain things) that I think may be due to lack of RAM.
I use a lot of online and computer resources, so I probably need a lot of RAM.
Any way to tell?
wow! do you know if it was a significant amount?
And what would that amount to American?
x
that is if you EARN under a certain amount,
after that you must pay taxes on all. The goverment certainly isn't going to be left out of our money!!
If I could have made even the same amount
someone who lives near me, an ex-MQ'er, who went to work there. She would never come back. We worked on the same account, which MQ is losing, expected to go live there before the end of the year. I wanted to stay with my account, of 7 years, had normals up the wazoo!
Can you rent a car for about the same amount? sm
That way you could come and go as you pleased!
I also make about that amount. sm
I have both a full-time job and a part-time job, and work about 60 hours a week. I don't do five 12-hour days. I work a normal 40-hour week, then for the part-time I scatter my hours in the evening. It works out really well for me and I average about $50,000 a year. For a long time, I was working a regular 40-hour job and only making about $27,000 a year. It's definitely worth the extra time spent. I work while the kids are in school, then I work for a couple hours after they're asleep. I have every Sunday off with them, and they're busy on Saturdays anyway while I'm working, so it works out well for us. You just have to find a schedule that will fit for you, and the most important thing is to find a company or service that will pay you what you're worth. Keep looking... they're out there...
Per page amount
I work as a general transcriptist for an insurance company and I get paid $3.00 a page no matter how long the page. In the area where I live I think $6 would be a lot of money, but if she can get it, that's a great per page amount.
Anyone can type in any amount they wish - sm
on a board like this, and claim it is their income.
I would not quit with just that amount
because I have spent that much over the past several years buying new home, tile for that home, granite, living - have also put money in the bank oh, say around 40,000. I would not retire from a job unless I won something in the range probably of over 10 million, then I might think about it. It sounds like a huge amount but even people who have won the lotteries have come up broke after a few years. You have to take a very tight rein on money like that and not be unwise in spending, otherwise it will be gone before you know it.
They equate to about the same amount of $$. nm
x
Normal amount?
There is no "normal amount" in this field. It's a matter of if your pay works for you and you feel like you are rewarded properly for it.
I would not poo-poo the amount of money
the people are making doing crafts. I have just bought out of state from a lady on Etsy some plates she made. I paid $25.00 for 3 plates and $40.00 for one. I called her on the phone to put in a special order and I asked where did she sell besides Etsy. She tells me there are several events she goes to, usually selling $20 or more a day of at least $20 each and she cannot make them fast enough. The plates are very ornate, beautiful (mine at least because I like the bling and asked for such) so I think if you got enough needing your product, hey don’t think a person cannot make a good living that way. She sells on Etsy plus the events she attends and possibly other ways although we did not get into that. I love crafts and only wish I could make something as beautiful but guess I will just have to stay with what I do best, MTing.
The TC? I've been paying the same amount
for over 4 years. I've never paid any money out whatsoever in over 4 years to work for MQ.
I've also never run out of work. On two occasions, we were running right behind the dictation - very closely - but I still had enough work to get the lines that I WANTED, not just the minimum production.
There may be a day come when I do actually run out. I will deal with that situation then.
I was just asking where you were getting your information because it is is nothing similar to how it works for me.
Good luck.
I was in the same boat until I threw a $ amount at him.
Then he said, "What are you talking to me for? Get back to work!"
Hey everyone, I have a huge amount of strawberries from my
want to make a different kind of dessert with them. Every year I always wind up making strawberry shortcake or strawberry ice cream and well those are great but I'm such a creature of habit that I really want to make something completely different. If you have any great ideas, PLEASE let me know!
Thanks!
a normal amount would be allowed I think
not gobs of blanks
For the amount of knowledge this job takes...
The constant demands to do more and more, increased accuracy requirements, I think #4. #2 would be a good entry level wage, but in reality I think most of us are stuck there.
Pay for amount of usage -- might not be bad idea
Phone bills used to be like that, -- shows my age. I say sometimes I think it would be nice that those that use the most pay the most,. I have my cable TV on at the most 2 hours a day and yet I pay the same as those that watch 14 hours a day. Just like we get paid on the production of work we do, maybe we need to pay for the amount of usage on certain items.
Agree. There's no way to do triple the amount
of lines on VR to keep your same amount of pay. VR takes too long to correct/edit. This is such a rip-off.
The dollar amount may not have been the point...
but I just find it funny that those who agree all say they are making $25+ an hour. Just wondered if you would still agree with her if you weren't making the money you are making. Many of us do support our family on our wage and there is no way I could do it on $11.50. I make a few dollars more an hour than that and we are still struggling to make ends meet. I guess I was just put off by the judgmental attitude of the OP that if we can't cut it with our current pay that we just need to reevaluate our lifestyle. I live simply, but I live in a high-cost area. There is really no way I could cut back on my costs. So if I ever make less than I am now, I will be forced to look for a new job.
Yes, there seems to be a tremendous amount of damage control on her lately by MQ. What is going on
and they are just as nasty as my office has been becoming lately with everyone worrying about their jobs now that our accounts have been switched to the NE region out of the local office.
On the pay stub it says "DEP adjustment:. So how many of you believe the amount you
the lost lines? I've been on DEP for over 2 years. Not sure I'm going to cash this check quite yet.
I think the best of MQ is over. With the horrendous amount of money going to lawyers and what it
will cost to pay these hospitals that they bilked will be millions and millions. There is no way there is going to be money made with MQ anymore without a tremendous amount of aggravation. I think they will sell out or merge. My office is closing and they told the clients either get on DQS or find another MT company so they are moving on rapidly to something and not sure what. I think they are getting their ducks in a row.
Amount to charge for digitizing tapes
One of the clients that I trancribe from tapes for just contacted me about helping them create a digital library of their taped recordings into MP3 files. Since I'm not used to charging for anything other than transcription work I'm at a loss of what a good rate for this type of work would be. I don't want to short change myself because it will be time consuming work but I want to make sure I give them a fair price as well. Any suggestions would be greatly appreciated!
East coast will pay that amount and even go higher
Out of curiosity, how soon do you think they should be able to accomplish a decent amount?
x
That would be an enormous amount of various dishes of food. sm
if 80 people come, that could be 30-40 bowls, platters, plates; probably not realistic.
Boric acid plus same amount of sugar to
get the ants to take the boric acid (Mule Team Borax). Works like a charm. We had carpenter ants years ago, and exterminator wanted $700 back then to get rid of them. As just a fluke, I was listening to a radio talkshow after the call to the $700 exterminator, and they mentioned Mule Team Borax with same amount of sugar applied around the house, and make sure children or pets will not get into it.
They'll probably say lower than actual amount
.
Give her the same amount of work on the days
near the end of the pay period that she seems to be doing the rest of the days. I worked for a friend's niece, and if she did not think you were going to get the work done, she would yank it from you even if you were frantically trying to get it done. She has a TAT to meet, and good accounts are hard to come by.
hen why do so many ads clearly state *must have X amount of exp. or New Grads Need Not Apply? sm
Then why do so many ads clearly state *must have X amount of exp. or New Grads Need Not Apply? sm
As far as I know you can earn up to a certain amount - you cannot exceed a certain percentage of the
salary you were making when you took your disability. I do not think it is uncommon to work as you could certainly not make it on disability alone.
The 1cpl amount was just a 'fer instance'.
if one gets anything AT ALL. MT is a dead-end job because if you're good at it, you get passed over for the few 'promotions' available because they need you on the front lines, making money for the suits.
With an expander, you'll do more lines in that amount
s
It's very difficult to say what you are producing is a normal amount sm
but it sounds pretty normal.
In my opinion, you need a better plan for searching. How do the doctors create their voice files? Is there any way they can put some type of identifying data in the name of the file? If they just put in last name or chart number, that would make your search for the sound file SO much easier. It would take another few seconds per sound file on their end to do this, but they might find better results on the back end when they need their reports back pronto.
And on your end, you need a better way to locate the finished product. Have you ever looked into MPLite? You can locate patient notes super quick with that program. It is really not that expensive, but worth every penny.
And finally, if they are requesting these reports before their agreed upon turnaround time, you need to be charging them for STAT work. If you have to stop your flow of work to locate a sound file and then transcribe that one, fax it in, and then finally get back to what you were doing, you need to be compensated for your inconvenience. I charge half again my usual rate for STAT work. (If I charged 20 cpl for regular work, I would charge 10 cpl for STAT work). Once they get a bundle of STAT charges on their next bill, I bet the number of requests for STAT work sure would decrease!! Either that, or you will have a much fatter paycheck to compensate you for your aggravation!!
The actual amount paid is irrelevant
more, but the value of it is more to them than it is to us. For example, if you make $50 for a week's worth of work, do you think that's a lot in America? Probably not. But ask someone in a third world country if $50 is a lot of money to them and ask what it will buy them.
By offshoring work, the MTSO's are saving big bucks by paying foreign MTs far less than they pay us. Therefore, there are many American MTs willing to accept a lower payrate for their work. Thus, lowering the American standard of pay for this industry. Got it?
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