[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]
Re: Proposal for 1.3: 1099 and equivalent tracking
- Subject: Re: Proposal for 1.3: 1099 and equivalent tracking
- From: Chris Travers <..hidden..>
- Date: Mon, 20 Apr 2009 12:37:17 -0700
On Mon, Apr 20, 2009 at 12:32 PM, John Hasler <..hidden..> wrote:
> John Bell writes:
>> On further reading there IS a similar witholding tax in the UK, but it is
>> much more limited in scope than 1099 as it only applies to entertainers
>> and sports persons...
>
> 1099 is an information return. Only under rare circumstances is 1099
> withholding required <http://www.irs.gov/taxtopics/tc307.html>. In thirty
> years in business I've never had to do 1099 withholding.
I don;t think we will do automatic withholding in 1.3. Longer-run I
think we need this feature though.
Best Wishes,
Chris Travers