“If I could get them 1099 misc forms for 2008 from somewhere,and still send them in to the IRS,”---> In general, as GPT paid you, an IC, more than $599.99 for services provided to GPT during the year, 2008, GPT issued you a Form 1099-MISC by the last day in January of 2009 and GPT MUST have mailed 1099-MISC(s) to the IRS with the Form 1096 (transmittal form) by the last day of February of 2009; you do NOT submit 1099-MISC to the IRS. So, you MUST have received the 1099-MISC from GPT by the end of Jan. of 2009. As long your GPT keeps the old copy of the 1099-MISC( they usually need to keep records for three or seven years, I guess) You can request duplicate copies of the 1099s from GPT that paid you. All that a 1099-MISC does is to substantiate what you were paid. If GPT don’t have the copy, then You'll need to fill out Form 4506-T to request your income documents. The IRS can provide a transcript that includes data from information return, 1099-MISC;the IRS may be able to provide transcript information of your 1099-MISC for up to 10 years. So, you may call IRS at 800-829-1040 and request an Information Returns Transcript for the year 2008. It will have all the 1099s filed in your name.
Please visit the IRS Website here;
http://www.irs.gov/pub/irs-pdf/f4506t.pdf
“and also pay off any taxes and penalties that I might owe to the IRS?”----> It depends on the situation; when you receive Form 1099 MISC, your taxes are not taken out, hence you will pay your Soc Sec taxes, FICA Taxes, I mean, around 15.3%(13.3% for 2011) for 2008 as long as the amount on 1040 Sch SE line 4(If less than $400, you do not owe self-employment tax; you do Not need to file this schedule) is $400 or over $400. And you need to file Form 1040 and Schedule C-EZ or Sch C to report your Form 1099 MISC Income. I guess you NEED to file a Schedule C even though you do not yet have sales ( or net losses)or low self employment income. You may deduct the start-up costs ( if you have) of your business on Schedule C. This will create a loss for this first year, but the concern over hobby losses do not kick in until you have 2-3 years of consecutive losses.You ,as a sole proprietor or a self-employed individual, also need to pay quarterly estimated taxes if you expect to owe tax of $1,000 or more when you file your return; however, you do not have to pay estimated tax for the current year if you had no tax liability for the prior year ;you were a U.S. citizen or resident for the whole year;your prior tax year covered a 12 month period.
Please visit the IRS Websites here;
Self-Employment Tax (Social Security and Medicare Taxes) Estimated Taxes http://www.irs.gov/pub/irs-pdf/f1040sce.pdf http://www.irs.gov/pub/irs-pdf/f1040sc.pdf
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