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What do I have to do to get my 1099 for 2020. I have e-mailed a request several times more than a month ago, without getting any response. I'm tempted to attach copies of those e-mails to my 1040 to explain the missing 1099.
To what email do you send your request?
I can tell you from personal experience that the IRS is backed up due to Covid lockdowns. Some tax forms were not even finalized until the first week of February which made early filing impossible. I don't expect 1099s to land until mid March. As yet, I have not received any 1099s from any sources.
This is from the Stock Contributor User Guide:
At the end of each year, we are required to report all income derived from US sales from that year to the IRS. We supply individuals who have earned more than $10 with a 1099 form that specifies your earnings. We do not supply a 1099 to corporations. Earnings are reported and taxable regardless of whether you have requested a payout. You only pay taxes on this income once, you do not need to pay a second time when you withdraw the funds.
Hope that helps.
This link does not help and is not the correct answer.
Me too, every year getting my 1099 is like pulling teeth. This year even harder than before. Not response at all from adobetax.
I have learned that the IRS does not require a 1099 for income of less than $600. Maybe that's why we're not getting one this year. Recources may be too stretched to issue 1099s to those who don't really need it.
Thanks and good to know. I do still need my 1099 as my earnings exceeded well over $600.