accounting question

about being an independent contractor --is it mandatory to give ss info to a client regardless of how much the pay was for the job; if not, when is it necessary to give that info?

11 replies, 515 views

Thread info Bookmark this thread Trash this thread

Reply to this thread

Always highlight: 10 newest replies | Replies posted after I mark a forum

Replies to this discussion thread

11 replies	Author	Time	Post
accounting question (Original post)	diva77	Jan 6	OP
You have to provide something for their 1099 form	PSPS	Jan 6	#1
thanks	diva77	Jan 6	#4
Agree with this	mcar	Jan 6	#11
In California it is not necessary to file a 1099 MISC if less than $600 was earned ...	Auggie	Jan 6	#2
thanks for this info. -- so regardless of whether the client asks for that info.	diva77	Jan 6	#3
As I understand it you are not obligated to volunteer your SS#	Auggie	Jan 6	#10
I was told "no" by a tax guy here in Texas.	marble falls	Jan 6	#5
Thanks!	diva77	Jan 6	#7
EIN application	mysteryowl	Jan 6	#6
very helpful link, thanks!	diva77	Jan 6	#8
You are welcome	mysteryowl	Jan 6	#9

Response to diva77 (Original post)

Mon Jan 6, 2020, 03:41 PM

PSPS (8,923 posts)

1. You have to provide something for their 1099 form

Theoretically, they have to issue 1099's only when a vendor/contractor is paid over $600 but many send them for all. They are required to get a W-9 from you for this which must contain either your SSN or a TIN/EIN. I don't like giving my SSN out, so I get a TIN from the IRS and use that.

Reply to this post

Response to PSPS (Reply #1)

Mon Jan 6, 2020, 03:47 PM

diva77 (4,704 posts)

4. thanks

I will look into getting TIN

Reply to this post

Response to PSPS (Reply #1)

Mon Jan 6, 2020, 07:43 PM

mcar (30,875 posts)

11. Agree with this

I've been a contractor for many years but only learned in the last few about the benefits of a TIN/EIN. It took me only a few minutes to get one.

Reply to this post

Response to diva77 (Original post)

Mon Jan 6, 2020, 03:42 PM

Auggie (24,956 posts)

2. In California it is not necessary to file a 1099 MISC if less than $600 was earned ...

so I'd wait for the client to ask for the tax I.D. number.

If you have a small business, consider getting a business tax I.D. number. You won't have to provide your SS#.

Reply to this post

Response to Auggie (Reply #2)

Mon Jan 6, 2020, 03:45 PM

diva77 (4,704 posts)