Share Your Success Tuesday

Photo credit: Tim, CC BY 2.0.

It’s Tuesday, which means it’s time to share our recent financial successes.

This week, my success begins with a financial fail: I was tallying up my 2017 business expenses for tax purposes, and realized that I had paid a designer enough money that I’d need to report that payment to the IRS and file a 1099.

I’m used to receiving 1099s, not filing them — and I knew I was already past the 1099 filing deadline, so I immediately called the IRS for guidance. After a 30-minute hold session, I spoke to a very helpful representative who walked me through the process of filing an extension request (so I wouldn’t have to pay a penalty for missing the deadline) and then taught me how to file both a 1099 and the accompanying 1026 form.

Over the phone.

Maybe this should be “Share the IRS’s Success” Tuesday, for me.

What about you?


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