Income Tax Direct Sales
Resume:
Form ****-NEC o CORRECTED
PAYER'S name, street address, city or town, state or province, OMB No. 1545-0116 country, ZIP or foreign postal code, and telephone no. Bombshell Hair Studio
La Feria TX 78559
US - Phone: 956-***-****
RECIPIENT'S name, address, ZIP/ postal code & Country Sharee A Culver
11900 Mesquite Rd
Lyford TX 78569
US
84-3137095 XXX-XX-8057
Account number (see instructions)
Form 1099-NEC
Nonemployee compensation
$
1
2
3
4 Federal income tax withheld
5285.09
$
Copy B
For Recipient
Nonemployee
Compensation
5 State tax withheld 6 State/Payer's state no State income
$
$
7
$
$
Form 1099-NEC www.irs.gov/Form1099NEC
www.tax1099.com -IRS Approved e File Provider
PAYER’S TIN RECIPIENT’S TIN
2022
This is important tax
information and is
being furnished to
the IRS. If you are
required to file a
return, a negligence
penalty or other
sanction may be
imposed on you if
this income is taxable
and the IRS
determines that it has
not been reported.
o
Payer made direct sales totaling
$5,000 or more of consumer
products to recipient for resale
(Rev. January 2022)
(Rev. 1-2022)
Instructions for Recipient
You received this form instead of Form W-2 because the payer did not consider you an employee and did not withhold income tax or social security and Medicare tax.
If you believe you are an employee and cannot get the payer to correct this form, report this amount on the line for “Wages, salaries, tips, etc.” of Form 1040, 1040-SR, or 1040-NR. You must also complete Form 8919 and attach it to your return. For more information, see Pub. 1779, Independent Contractor or Employee.
If you are not an employee but the amount in this box is not self- employment(SE) income (for example, it is income from a sporadic activity or a hobby), report this amount on the “Other income” line (on Schedule 1
(Form 1040)).
Recipient’s taxpayer identification number (TIN). For your protection, this form may show only the last four digits of your TIN (social security number (SSN), individual taxpayer identification number (ITIN), adoption taxpayer identification number (ATIN), or employer identification number
(EIN)). However, the issuer has reported your complete TIN to the IRS. Account number. May show an account or other unique number the payer assigned to distinguish your account.
Box 1. Shows nonemployee compensation. If the amount in this box is SE income, report it on Schedule C or F (Form 1040) if a sole proprietor, or on Form 1065 and Schedule K-1 (Form 1065) if a partnership, and the recipient/partner completes Schedule SE (Form 1040). Note:: If you are receiving payments on which no income, social security, and Medicare taxes are withheld, you should make estimated tax payments. See Form 1040-ES (or Form 1040-ES (NR)). Individuals must report these amounts as explained in these box 1 instructions. Corporations, fiduciaries, and partnerships must report these amounts on the appropriate line of their tax returns.
Box 2. If checked, consumer products totaling $5,000 or more were sold to you for resale, on a buy-sell, a deposit-commission, or other basis. Generally, report any income from your sale of these products on Schedule C (Form 1040)..
Box 3. Reserved for future use.
Box 4. Shows backup withholding. A payer must backup withhold on certain payments if you did not give your TIN to the payer . See Form W-9, Request for Taxpayer Identification Number and Certification, for information on backup withholding. Include this amount on your income tax return as tax withheld.
Boxes 5-7. State income tax withheld reporting boxes. Future developments. For the latest information about developments related to Form 1099-NEC and its instructions, such as legislation enacted after they were published, go to www.irs.gov/Form1099NEC. Free File. Go to www.irs.gov/FreeFile to see if you qualify for no-cost online federal tax preparation, e-filing, and direct deposit or payment options.
o CORRECTED
OMB No. 1545-0116
2022
Form 1099-NEC
PAYER'S name, street address, city or town, state or province, country,ZIP or foreign postal code, and telephone no. Bombshell Hair Studio
705 W Business 83
La Feria TX 78559
US - Phone: 956-***-****
Nonemployee
Compensation
1 Nonemployee compensation
$ 5285.09
Copy 2
To be filed with
recipient’s state
income tax return,
PAYER’S TIN when required.
84-3137095
RECIPIENT’S TIN
XXX-XX-8057
2
RECIPIENT'S name, address, ZIP/ postal code & Country 3 Sharee A Culver
11900 Mesquite Rd
Lyford TX 78569
US
4 Federal income tax withheld
$
Account number (see instructions)
5 State tax withheld 6 State/Payer's state no. 7 State income
$
$
$
$
Form 1099-NEC www.irs.gov/Form1099NEC www.tax1099.com -IRS Approved e File Provider o
Payer made direct sales totaling
$5,000 or more of consumer
products to recipient for resale
(Rev. January 2022)
(Rev. 1-2022)
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