| 2:58 pm on Feb 1, 2009 (gmt 0)|
In my experience, the IRS won't mind if you declare more income than the amount on a 1099. They don't like it when you declare less, however (even if the 1099 is wrong).
| 9:57 pm on Feb 1, 2009 (gmt 0)|
Maybe you're going to get two 1099s--one for referrals and one for regular AdSense...
| 4:36 pm on Feb 2, 2009 (gmt 0)|
I see inaccurate 1099 here too. I just wrote back to Google asking about it.
I suggest you check your 1099s too.
| 6:12 pm on Feb 2, 2009 (gmt 0)|
Weird. My 1099 was spot on.
|In my experience, the IRS won't mind if you declare more income than the amount on a 1099. They don't like it when you declare less, however (even if the 1099 is wrong). |
That is correct. If you believe your 1099 is incorrect for some reason, you can put the difference on your schedule C to include as other income.
But I'd definitely want to know why Google is reporting the wrong amount and attempt to get that corrected first.
| 9:34 pm on Feb 2, 2009 (gmt 0)|
Mine looked right, but I haven't double checked it. Guess I better.
| 12:54 am on Feb 3, 2009 (gmt 0)|
Mine was off by $0.87 at the $xx,000 income level.
Given that I rounded to the nearest dollar for each month, I would have to say, "PERFECT"!
[edited by: Sally_Stitts at 12:56 am (utc) on Feb. 3, 2009]
| 6:35 am on Feb 4, 2009 (gmt 0)|
Am I correct in assuming that Google will not send 1099's if you are using an EIN instead of an SSN? All adsense revenue gets listed in the P/L for the s-corp.
BTW - We met with our accountant today. I told him not to worry, we only had to get within 140k with what we owe. He reminded me that I'm not a former senator.
| 12:56 pm on Feb 4, 2009 (gmt 0)|
I use my EIN and I got a 1099. How would Google know the difference? EINs and SSNs have the same number of digits and would be entered in the same field in your adsense account.
| 2:35 pm on Feb 4, 2009 (gmt 0)|
Supposedly the prefixes for EINs are different from the prefixes for a regular SSN.
As of today, we have not received any 1099 from Google, and I never got one from them in the past.
I'm not sure but I think I remember setting something in my adsense profile to indicate that the account was an account that was under a corp and not an individual.
My accountant goes ape when someone tries to 1099 the corporation. That's also why I make sure I don't use my ssn in relation to stuff for the corp.
DISCLAIMER - I am NOT an accountant. If any accountants see that I'm wrong, please let me know.
| 2:40 pm on Feb 4, 2009 (gmt 0)|
In adsense, take a look at My Account, Tax information and the form W-9. I checked the "Corporation" box on it.
| 3:12 pm on Feb 4, 2009 (gmt 0)|
I'm a corporation, with an EIN. Got my 1099.
| 3:30 pm on Feb 4, 2009 (gmt 0)|
Perhaps it's that I'm not making as much as you folks.. Perhaps 3 grand for the year.
| 4:12 pm on Feb 4, 2009 (gmt 0)|
I don't think that would have anything at all to do with the 1099. I would contact support.
| 4:14 am on Feb 5, 2009 (gmt 0)|
I'd think the adsense revenues would fall under the guidelines of needing a 1099 for $600 or more, so if you're making $3k, you'd get a 1099.
Upon reading that you've selected corporation on your w-9, I thought maybe they don't send them for corps (I have an llc that's disregarded for income tax purposes), but then netmeg posted she's a corp, too, so I have no idea why you wouldn't have gotten a 1099. I agree with her that I'd contact support at this point.