Late 1099 Form?
A lady I do odd jobs for just told me she is going to file a 1099 form on me, one week before taxes are due. I am beyond irritated that she waited this long. I filed my return over a month ago and already got back my refund. Can I get an extension since she is getting this to me so late? Can she be penalized for this and how do I go about making a complaint?
Thanks...
Late 1099 Form?theatre ticketsIt's illegal for her to wait this long and she can be fined if it's reported to the IRS, but that doesn't change your situation. You were required to report this income whether or not you EVER got a 1099 - by filing without reporting all of your income you filed a fraudulent return. Now you'll have to file an amended return adding this amount on, and pay back whatever part of your refund (or more) that you owe in taxes on this income. You can't file for an extension, since that's for filing, and you already filed. And in any case, the taxes are still due by 4/15, and you'll pay interest and possible penalties if it isn't paid by then.
You can call the IRS and complain about the late 1099, and she might end up getting fined for it, but the IRS won't be real sympathetic to you when you say "I thought I was working under the table and illegally evading taxes on this amount, but now she reported it so I have to redo my return and pay what I legally owe"
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