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wdsguy · 02-20-2011, 09:54 PM

I get alot of 1099s and many of them are off by a few hundred dollars or some amount.

I'm guessing the reason is a sponsor may include the amount being sent out in December but since I go by when I deposit the check I might include it for Jan of next year.

Trying to get everyone to send corrected 1099s is pretty much impossible so for tax purposes do you go by what you deposited or by the amount on the 1099?

02-20-2011, 09:54 PM
wdsguy Ryde or Die Industry Role: Join Date: Dec 2002 Location: California-Shanghai Posts: 19,568	Question on 1099s I get alot of 1099s and many of them are off by a few hundred dollars or some amount. I'm guessing the reason is a sponsor may include the amount being sent out in December but since I go by when I deposit the check I might include it for Jan of next year. Trying to get everyone to send corrected 1099s is pretty much impossible so for tax purposes do you go by what you deposited or by the amount on the 1099?