Jump to content

1099 for/from clients

Recommended Posts


Ok... sorry if this is a stupid question...


As a VA who has clients sign a contract... do I need to get a 1099 from my clients at the end of the year or do I need to give my clients a 1099?


I was pretty sure that the answer was no both ways, but someone told me otherwise today, so now I am confused. I thought that since I am not any employee, but rather an independent contractor, that the 1099 was not necessary.


Thought I would start here with you amazingly knowledgeable people! :)

Share this post

Link to post
Share on other sites

I agree. If you earned more than $600 in the year from any one company or individual, you should be receiving a 1099 from them. Be aware, however, that many companies do not send these out or are even aware of their obligation to do so. In the view of the IRS, you are still responsible for claiming all the income that you have received, whether or not you are furnished with a 1099. My understanding is that the IRS is beginning to come down hard on this and has even put into place a "checks & balance" system for matching company reported 1099 information with the independent contractor reported info. Which means, in theory, that all reported 1099 services will need to also come through the IRS in the form of claimed income from the contractors. My advice, do not underreport...it's not worth it.


BTW, your clients should have sent out their 1099s no later than January 31st so if you have not received one yet, you may need to follow up. But remember, no matter if they abdicate their responsibility or not, you should not abdicate yours.


Hope this helps.

Share this post

Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

  • Want to Become a VA?
    Invest in The VAC!
    How Do YOU Startup A

    Virtual Assistant Organization Association
    Upgrade Your FREE Account & Receive Today...
    * Access to Our Bus JOB Board *
    * Group Coaching & Training*
    *Training Tracks*
    * Private Mastermind Area *
    * Business Templates *
    * Contracts & Forms*
    * Plus VAinsider Perks! *

    Virtual Assistant Organization Association

    Virtual Assistant Organization Association

  • Create New...

Important Information

By using this site, you agree to our Terms of Use.