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?

Support The Billfold

The Billfold continues to exist thanks to support from our readers. Help us continue to do our work by making a monthly pledge on Patreon or a one-time-only contribution through PayPal.