


Got my 1099's from streamate and mfc today.





I just finished filing, and since I only worked a few months in 2012/had a vanilla job, I didn't owe nearly as much as I saved. It's tempting to go shopping and buy makeup, haha ... but I'll be good and put it into savings since I'm moving soon, which is no fun, but now when moving time comes, I'll be wayyyy less stressed out.
I'm sure it'll show up tomorrow, bb.
Still waiting on mine grrrr =/
Got mine yesterday with my check, and finished filing today. Woo...





Is anyone else noticing..... remember when they issued payments and then voided them and reissued them (happened on Dec 19).... they are reporting an amount as if they did not re-issue the ones they voided. So they reported about $1,900 less for me than what I actually was paid. Kinda strange.
xoxo ~ Sarah
i got mine and filed my taxes :d
thanks guys!!!!
sooo excited


I got mine on Monday from SM.
So will those of us on DailyPay be expecting a 1099 from DailyPay instead of SM?





SM pays DailyPay, and DailyPay pays you. DailyPay has said before that since they are not US based, they don't send 1099s, so no you won't be getting one. But if you are in the US you are still responsible to file regardless of receiving a 1099. Just add up all your check amounts minus fees and report that amount.
xoxo ~ Sarah
Sarah, I haven't looked closely at my totals, but in a cursory glance when the 1099 first arrived... I did notice that I was off quite a bit. Thanks for bringing this up b/c now I know I need to go thru & re-add my checks totals & report that instead of the what SM is claiming.
Can you e-mail Liz and ask about it? I have a feeling you'll get more attention than if I shoot her a message.
IMO, it's better to file an amendment than to get in trouble for it later. If it was me, I'd rather re-file.
Also, I don't know if claiming an amount different than what SM has claimed would cause mass audits. Audits are a hell of a lot worse than amendments.
Plus, for anyone who hasn't filed yet, you don't have to wait until you get the new 1099. You just have to add in the extra check. No biggie.
Last edited by Cam_Model_Jess; 02-07-2013 at 03:05 PM.





Well I sent her an email about it anyway, because yah I mean... it needs to be known about. I talked to two other models so far who say that theirs are also showing short that one particular week's check, so it must be everyone.
I don't even really know how that happens since they re issued it? I've checked my stuff over and over to make sure I'm not the one making a mistake on it, but since others are having the same thing it must just be an error.
xoxo ~ Sarah
Sarah, I just added up all my paychecks. Twice, to be sure. My 1099 is short by the exact amount of the check issued on Dec 19th.
So you are correct. Anyone who was paid during that week will be off.

I am confused - does the 1099 from Streamate list what we actually earned, or does it list what we were paid after the wire fees? Technically, they should be reporting what we earned, and we should be writing off the fees. I am still waiting on my 1099, but I was actually going to ask one of the lovely ladies if they could share SM's EIN so I could just go ahead and file, but I want to be sure on which number they are reporting.
They only report what they paid you. They don't report the fees. I know what they're technically supposed to do, but that's not what they do.
ETA: That's what they did last year anyway. I didn't have wire fees this year.





Okay Liz asked me to post this to let you guys know what's going on:
-----
Once I find out who all was affected, we'll be posting a message in everyone's accounts as well….
First - Thanks SO much for bringing this to our attention. Obviously we would have sorted it out once reporting was complete, but yes there appears to have been an error on the accounting end. It had to do with the forced reissue we had to do in Decebmer due to a check sequence issue. REGARDLESS, there are some accounts this may have affected - assuming you:
1. If you got a 1099
2. Had a payment BY CHECK on December 19th
3. Were part of the batch that had to be reissued
So this may not apply to everyone- but for those that it does apply to, we will be re-running 1099s with a note explaining what happened.
I expect this to be resolved VERY quickly…
Let me know if there are questions :-)
Liz
xoxo ~ Sarah



Got mine a couple of days ago - not part of the botched batch (that's a mouthful) of checks from December thankfully.





Just FYI - I got my corrected 1099 today, so that was fast.![]()
xoxo ~ Sarah





Weird, I don't have mine yet.
Me too
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