Quote:
Originally Posted by d-null
I'm not sure if I understand the u.s. system, wouldn't you already have accounted for your dealings with Adbrite in your calculations on your own return forms? isn't having the actual physical 1099 form just a formality?
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I added the revenue from AdBrite to my misc income section. There's no worries about under reporting income or anything like that.
But, the IRS gets a copy of the 1099-misc, so I need to submit my copy so everything matches up. This should just be a delay in processing the refund, but once they look at a return manually, anything can happen.
In short, if any income is reported to the IRS on a 1099 or any kind, it has to be reported by the citizen in that way, or everything will grind to a halt until the return is amended.