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1099 will end the world in 2012

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Re: 1099 will end the world in 2012

#171
post #65

Earlier quoted context omitted.

>if I'm in the same state. And that happens what, 8% of the time? Most online services are evading sales tax.

Hell, if you're in Washington, Amazon will ship from an out-of-state warehouse so that you still don't have to pay.

It doesn't matter where the shipment is from; if the business has a point-of-presence in the shipped-to state, they charge you sales tax for that state. For instance, I bought some stuff at the Pendleton store in Portland, Oregon, and had it shipped home to Illinois, and the clerk (very apologetically) told me that he'd have to charge me sales tax since Pendleton owned stores in Illinois. This despite the fact that I was physically in Oregon, the sale was taking place in Oregon, the blankets were still in Oregon, and Oregon has no sales tax at all.

Re: 1099 will end the world in 2012

#172

What the hell is up with this thread? This has to be the worst thread I've ever seen at HN. You'd think this were a comment thread on Fox News or something. People: Chill the fuck out. The IRS is accepting comments on the issue. The rule doesn't go into effect until, realistically, April of 2013. By then, it is almost guaranteed that the rule will be significantly weakened to the point where it is not much different…

The current rules for the filing date for the copy of the recipient's copy of the 1099 is Jan 31. The electronic filing deadline for the IRS's copy is Mar 31.
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