I did a single contracting job for 2 home investors to rehab a house. As of today Feb 13, 2010 have not received a 1099-misc yet. I have not been able to get a hold of the them via phone calls or email. I have left many voice mails and emails. What do I do and if I do not ever receive a 1099-misc how to I file my taxes. I do have a signed contract detailing the work to be done and the labor that was payed for the contract. Of the labor cost 90% of the total was paid in out for the job ending Dec 31, 2010.
I've already tried...
This was a one time job for me as a favor to help out the two investors.
Answers
Expert
You do not have to have the 1099 MISC in order to do your taxes.
Just make sure that your Schedule C accounts for all the money you rec'd in 2009. I think you meant that 90% was paid out for the job ending 12/31/2009?
If you get the balance in 2010, then you will put that on your 2010 tax return.
Paul
About the Expert
Paul Thode has many years of experience preparing taxes. In addiion he has many years of accounting experience, ranging from Assistant Controller to Chief Financial Officer of a publicly traded company. He has a Bachelors in Managerial Economics from the University of California, Berkeley. He has a Master's in Accounting from Golden Gate University. He has an MBA in Finance from Golden Gate University. View Profile
Yes I meant 2009 not 2010. Thank you
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