employer wont fix my 1099-MISC Hello,
So I worked as an independent contractor in 2010 for a company. I invoiced each month the following month after service. I sent in my 12/2010 invoice on 01/05/2011 and was paid on 01/15/2011. When I got my 1099-MISC for 2010 I noticed it had that payment included as part of my income for 2010. Considering I didn't get it until 2011 that didn't seem right. I looked around and it looks like as a contractor i have the option of choosing my accounting method, Accrual or Cash.
I talked to the head of accounting and explained this to him, that I don't want this income recorded in 2010 since I didnt invoice or get paid until well into 2011. He then explained well we wrote in our books as we paid you on 12/30/2010, and we cant change it.
Now that doesn't seem right, is it? Theres plenty of evidence to show when i was actually payed and when I invoiced, can they get away with writing whatever day they want as payment? And I worked on 12/31/10 so what about that day? lol.
Basically I just want to find a legal way to get my 1099-MISC form to reflect my income of what was actually paid in 2010 (and not the invoice paid on 01/15/11). I see the correction box on the 1099 i just hate to write in a correction there and then get automatically flagged and audited and have to spend weeks gathering receipts and records for everything, i'd almost sooner just not mention it then take that chance.
Thanks everyone! |