Misc.1099 I split income from a misc.1099 of 22,200.I gave 11,100 with my brother in law in mar.2011.I filed my 2011 taxes in oct. 2012 because I filed an extension in april 2012(I did not owe money).I sent my brother in law a 1099 misc.in oct 2012 and the IRS. My brother in law did not claim the income for 2011.Do I owe his taxes and 20% penalty for 2011 money money I gave him? Even if I did not send him a 1099 in a timely manner,should he have paid taxes on the 11,100 anyway to the IRS? |