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Old 09-21-2020
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Default Possible to pay 1099's under my real IRS w/ MP?

Is there any way to pay the 1099's under my real IRS info that is going into stealth accounts under stealth names?
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Old 09-21-2020
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Default Re: Possible to pay 1099's under my real IRS w/ MP?

if it is your SSN you are using with your stealth account.
1099K goes by SSN.
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Old 09-21-2020
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Default Re: Possible to pay 1099's under my real IRS w/ MP?

You don't pay 1099's. They are just a report.

To do things legally you add a tax ID which belongs to you, and then your 1099's are generated with your EIN.
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Old 09-21-2020
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Default Re: Possible to pay 1099's under my real IRS w/ MP?

Contact a professional accountant to get a proper response.
Maybe adding an EIN to the account would be appropriate - the income information will be related to that and perhaps easier to report that way. Only an accountant can answer those questions.
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Old 09-21-2020
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Default Re: Possible to pay 1099's under my real IRS w/ MP?

Quote:
Originally Posted by slokor View Post
Contact a professional accountant to get a proper response.
Maybe adding an EIN to the account would be appropriate - the income information will be related to that and perhaps easier to report that way. Only an accountant can answer those questions.
Ahh thats a good point, maybe I can use an EIN for the stealth MP's.

If I am adding the same EIN for multiple stealth accounts but the account will be under friends/family's SSN, do you think my eBays can be linked that way?
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Old 09-27-2020
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Default Re: Possible to pay 1099's under my real IRS w/ MP?

I need 2 aspirins.
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Old 09-28-2020
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Default Re: Possible to pay 1099's under my real IRS w/ MP?

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Originally Posted by agent006140 View Post
I need 2 aspirins.
Very useful reply, thank you.
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