1099 help

Discussion in 'Trucker Taxes and Truck Financing' started by ROADxDOG, Mar 13, 2019.

  1. ROADxDOG

    ROADxDOG Bobtail Member

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    Mar 13, 2019
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    Ok because 3 months is really all i ever worked under 1099 wages claiming the DOT meal allowance gives me a decent refund but what if IRS says i pay it back what are penalties if any?
     
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  3. Accidental Trucker

    Accidental Trucker Road Train Member

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    Sounds like a real issue on your employers side. If you have received a 1099 in error, you need to contact your former employers and ask them to amend the 1099's. If you can't, you need to get with a CPA or Enrolled Agent, and contact the IRS for the right procedure to deal with it.
     
  4. ROADxDOG

    ROADxDOG Bobtail Member

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    Mar 13, 2019
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    No need to contact IRS I called the company up and they said thw 2nd one i recieved is the correct one and that the first one wasnt sent to IRS....
     
  5. RustyH

    RustyH Bobtail Member

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    Mar 22, 2019
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    Get a letter from them , if it turns out they sent both of them to the IRS you will be SOL. Just because they said it doesn't make it true.
     
  6. ROADxDOG

    ROADxDOG Bobtail Member

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    Mar 13, 2019
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    Well i guess ill have to call in the morning
     
  7. ROADxDOG

    ROADxDOG Bobtail Member

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    Mar 13, 2019
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    Anyone know what the interest or penalties are going to be if IRS says i wasnt allowed certain deductions... like if they said im not entitled to a 1400 in refund..
     
  8. highwayMike

    highwayMike Light Load Member

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    Jan 17, 2019
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    Read up on your tax deductions or find a better tax person
     
  9. highwayMike

    highwayMike Light Load Member

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    Jan 17, 2019
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    If your not entitled to the refund then your not entitled... I’m not sure if your $1400 is that big of a deal if you followed the steps correctly.
     
  10. Chinatown

    Chinatown Road Train Member

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    Keep it simple; let someone that a legal tax preparer do your taxes for you.
     
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