Originally Posted by sck0142
I made 1730$ working for winn dixie. I left to work full time doing construction for an Llc. I made approximately $2500 while i was there and was paid by the hour on a weekly basis. The checks i received were from the business but looked exactly like A personal check. I was told i will not receive a 1099. How do i report that income because without it i will not receive the child tax credits for my two children that i most desperately need. Please i need advice on what to do i feel i am backed into a corner here and do not know what to do.Please help!!!!!
regardless of the personal check, it is your earned income.you need earned income for earned income credit ; Earned income is defined as income received through personal effort,with the following as the main sourcesWages, salaries, tips, self employment income, commissions, or etc.so you as a contractor need to receive a 1099UNLESS you are his W2 employee. The IRS doesn't care if you got the 1099-Misc or not. YOU are required by law to keep you own records and know what the total is. You need to file and list it on the 1040. You do not need the 1099-Misc to file, but would need the form solely to quickly prove you had the income. The payer needs to issue you the 1099-Misc and he nedds to send a copy of 1099/1096 to irs to report what he paid to you.in an audit, the IRS can disallow the deduction for the contract labor and make them pay the income tax on the amount. For people who are not employees, but who have completed work for you or to whom you have paid money more than $600, the IRS 1099 miscellaneous form provides them and the IRS information on the total paid during the calendar year. You must send these information forms to those you have paid by January 31of each year