Amazon / stealth / 1099 forms

SoulDoubt · #1 02-19-2019

So... I think I'm ready to fire up an stealth account and get it going. I'm going to use a family members info but, wasn't clear on how the dreaded 1099 form will be issued. And if there is a way to get it issued to me? Little confused on how to best keep the family member from getting some crazy tax bill... Hope that makes sense. Thanks in advance!

pimpin624 · #2 02-19-2019

Before using full stealth accounts we always would have the family member send us a 1099 for the amount they received theirs for

rsot · #3 02-19-2019

Why bother using family info at all? You don't need that info to go stealth - does the family member know you are using their info?

Mikez92 · #4 02-19-2019

How do u file Taxes then

munkron · #5 02-19-2019

Honestly you're better off making some sort of corporation at that point.

Keep things separate, if they get the 1099, it will be issued to the corporation, not to them. You are only using their information for verification.

Beautiful · #6 02-19-2019

Create an LLC

Then add it to your account

Pretty easy these days