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nicolasf63346799
nicolasf63346799
Participant
March 31, 2022
Question

Re: Fotolia 1099 MISC

  • March 31, 2022
  • 2 replies
  • 176 views

Hi,

I am having the same issue.

I am reporting the 1099-MISC as a miscellaneous income in TurboTax and not as a 1099-MISC.

If you start adding a 1099-MISC Turbotax is going to send some forms to the government as if you own your own company.

I am having njow issues with FTB in California contactingnme thinking that I own a company which is not the case.

All these issues have been triggered by Fotolia LLC sending out the 1099-MISC form.

I have been reading a lot about this.

A lot of people are complaining about this but Fotolia LLC (owned by Adobe) never did a thing to resolve this issue.

BR

Nico.

 

 

    This topic has been closed for replies.

    2 replies

    Nancy OShea
    Community Expert
    Nancy OSheaCommunity Expert
    Community Expert
    April 1, 2022

    Nico,

    Sorry but you don't know what you're talking about. 

     

    I receive many 1099 income statements each year as required by US tax laws.  This does not mean you are self-employed.  It means you earned personal income over and above what you normally receive from your employer.  For example, gambling & lottery winnings, stock dividends, bank account interest, private consulting fees or income earned from Etsy or Stock photo sales.  The 1099-MISC statement is to help you declare this miscellaneous personal income on your tax return.

     

    I urge you to consult an experienced tax adviser (besides TurboTax) to help you and answer your questions.

     

    Nancy O'Shea— Product User & Community Expert
      Abambo
      Community Expert
      AbamboCommunity Expert
      Community Expert
      April 1, 2022

      No idea what you are complaining about, but Fotolia is now Adobe stock. If you have a specific question, formulate this as a question. If you have information about some specific tax handling, formulate your information in such a way, that even people not speaking 1099-MISC-form can understand what you mean.

       

      I think that a moderator has detached your reply from a different post. I do not know, however, if that has been done by error or on purpose.

       

      See here: https://community.adobe.com/t5/stock-contributors-discussions/where-s-my-1099/m-p/10328388#M6777

       

      ABAMBO | Hard- and Software Engineer | Photographer
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