Free Republic
Browse · Search
General/Chat
Topics · Post Article

Skip to comments.

1099 MISC not good enough any more
Vanity ^ | 1/25/2021 | Sequoyah

Posted on 01/25/2021 8:09:42 AM PST by Sequoyah101

The fools at the IRS have done it again. Make change where there is no need for change and adding to taxpayer burden.

The IRS is using a new 1099 this year for Miscellaneous Income. We now have to use Form 1099-NEC for Non-employee Compensation.

Copy A of the Form 1099-NEC from the IRS website is not scannable therefore, it cannot be filed as the IRS copy. You can order the forms by visiting www.IRS.gov.orderforms or they can be purchased in stores.

You can look at the form and download it but it is plastered with all manner of warnings not to actually use it under penalty of law and all sorts of other giverment threats.

This stupidity was done under Trump. The poor man can't have watched everything the bureaucratic fools do. He was surrounded by enemies to liberty.


TOPICS:
KEYWORDS: 1099; 1099misc; 1099nec; fools; irs; taxes
Navigation: use the links below to view more comments.
first previous 1-2021-24 last
To: nascarnation
If Congresspeople and their big donors had to do their own taxes rather than using tax agents or computer programs, we’d see a simplified tax system pretty quickly.

If it doesn't affect congress or the bigwigs, it won't change...

21 posted on 01/25/2021 8:51:52 AM PST by kosciusko51
[ Post Reply | Private Reply | To 19 | View Replies]

To: Sequoyah101

I have no problem opening and printing any of them. Check to see what version of Acrobat Viewer you’re using; might need to be updated with a newer version.


22 posted on 01/25/2021 9:08:37 AM PST by Carriage Hill (A society grows great when old men plant trees, in whose shade they know they will never sit.)
[ Post Reply | Private Reply | To 16 | View Replies]

To: Sequoyah101

I’d say the govt wants to discourage bartering and other forms of exchange they can’t easily track though banking transactions.


23 posted on 01/25/2021 9:13:13 AM PST by smokingfrog ( sleep with one eye open (<o> --- )
[ Post Reply | Private Reply | To 17 | View Replies]

To: kosciusko51

Taxes are hard because the math to calculate taxes was designed by some (fill in the blank adjective) bureaucrat.


and now we two levels of bureaucrats, the irs and the computer programmer.

Tax software early on was intuitive, now I swear I could to it faster on paper.


24 posted on 01/25/2021 9:49:04 AM PST by PeterPrinciple (Thinking Caps are no longer being issued but there must be a warehouse full of them somewhere.)
[ Post Reply | Private Reply | To 18 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-24 last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
General/Chat
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson