I am the owner of a business and would like to be able to accept a 1099-A for my services because a lot of the people needing my help cannot afford to pay. I’m still a little confused about what other forms I need to file with the ’A’. Please help!! Thank you in advance 💛
Welcome!
This community is for professionals and enthusiasts of our products and services.
Share and discuss the best content and new marketing ideas, build your professional profile and become a better marketer together.
This question has been flagged
3
Replies
3490
Views
You can accept the 1099 A from all your customers - then fill out the 1099-OID, the 1096 form, the 1040V form, and if you want to get paid by direct deposit - also fill out the form 8888. Place all forms in a large envelope and mail to the United States Treasury for payment.
Any word on anyone getting actually paid. I did a test 3 weeks ago with all the forms along with the 8888 and still patiently waiting. 🙏
No - lots of activities but no confirmation yet, but people are very secretive. I sent in the package for my sister- acting as the fiduciary through my non-profit. It could take as long as 60 days - so we will see what happens. Good luck 👍
On Wed, Jun 22, 2022, 10:49 PM Tanner <notifications@legalibus.com> wrote:
Any word on anyone getting actually paid. I did a test 3 weeks ago with all the forms along with the 8888 and still patiently waiting. 🙏
Sent by Legalibus
What state are you in?
Oklahoma
I believe the following section of this course answers your questions: "How to Submit the 1099-A Form"
However if you need more details on the trustee process, until a detailed course is released, feel free request a one-on-one private consultation to get answers to your question(s) here https://legalibus.com/contactus
Unfortunately I’m unable to afford a one on one consultation at this time.
Who is the one doing the charging here? As I understand this process covered by Chris, he doesn't charge anything.
Enjoying the discussion? Don't just read, join in!
Create an account today to enjoy exclusive features and engage with our awesome community!
Sign up
Any Luck?
Any luck