Replies to This Discussion

Permalink Reply by kittycatmama on February 10, 2014 at 12:32

We just gone one 1099 today for well on personal property (way too high) & 2 1099s for one on corporate property (one too high & one too low). When I asked them about this awhile back, the call center asked ME if this amt. (she gave that amt. to me) SOUNDED RIGHT!!!!!!  

That made me really scared if they are asking me if the amt. SOUNDS right!!

• ▶ Reply

Permalink Reply by tc on February 10, 2014 at 13:35

A word of advice to everyone, the IRS will initially believe the incorrect 1099 from BHP and not the correct amount you state on your tax forms.  So if you want to avoid an audit, keep after BHP to provide you a correct 1099.

• ▶ Reply

Permalink Reply by 1kw6x71km1v37 on February 10, 2014 at 14:42

A Form 1099 is not sufficient to constitute proof of payment. The IRS must furnish direct evidence that money was transferred in order to proceed against you in court. It's buried in the IRS Agent Handbook somewhere. You put that on 'em in an audit, they change their tune quick. Don't ask me how I know this...

• ▶ Reply

Permalink Reply by Henry on February 27, 2014 at 4:43

I heard from BHP today (2/27/14), via email.  They told me the 1099s will be "mailed as of this week."  We'll see....

• ▶ Reply

• ‹ Previous
• 1
• 2
• Next ›
• Page