Now that everyone has received their 1099s, what did everyone make total for 2010? More or less than previous years?

30% less then 2009 but 2009 was crazy good !

I only received a 1099 for about 25% of the work that I did.

Guess I'm going to be showing some huge business losses this year

I made slightly more. My reo was way down but my bpo volume was way up so it worked itself out.

If you use a EIN #, they don't have to 1099 you BUT they will report the numbers to the IRS. It's your responsibility to account for your income when using a EIN and report as "other income" or you will be burned down the road.

EIN = employer identifcatiopn number, right?

Who is an employee doing BPOs? I thought each of us were independent contractors. You should not have an EIN.

Q4 kept me from equaling 2009 income. Thus I was down about 10% in comparison to that year. I only do BPOs.

A little higher, but almost entirely REO, the BPOs are handed off. Considering the robo-signing fiasco and the number pushed into this year I'm delighted.

Incorporated under a Professioanl Association P.A and issued a business EIN # for tax reporting income.

off 10%

Up 23%. Did more REO's and less BPO's.

(F)EIN, you as the employer, not employee. TIN, taxpayer ID number. Same difference. They are one and the same when it comes to 1099s.

If you are a bonafide employee, the company will send a W-2 and use your social.

Linda

Today I got a 1099 from AM company for utilities, rekey I had paid. They are saying this is miscellaneous income. To me it's not income, but reimbursement. My commissions go under brokers tax ID, but broker does not want to fool with paying utilities, ect, so I pay them under my tax ID. What am I missing???? How can reimbursement be income?

Why don't you just write off the expense to the income and you have zero?

Does anyone received 1099 from LS?