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On CC payments.

Posted: Mon Apr 14, 2014 3:18 pm
by contentwriter
For tax purposes, can someone please answer this question?

Are CC payments "royalties" or "non-employee compensation"? I do not get a 1099 from them so I can't be sure. I know we write the articles, clients by them for different rights, and then CC pays us. Is that royalties like you get from books or is it non-employee compensation for an independent contractor?

Maybe CC can tell us how they report it in Canada?

Any help, please?

Re: On CC payments.

Posted: Mon Apr 14, 2014 3:39 pm
by Judith
We are independent contractors.

Re: On CC payments.

Posted: Mon Apr 14, 2014 4:07 pm
by Lysis
What Judith said. All you have to do is add it as 1099 income and have the employer's EIN although I am not sure how you do it with no EIN since they are in Canada. I report another company's income as 1099 with the EIN and 2 years later the IRS hasn't harassed me.

Re: On CC payments.

Posted: Wed Apr 16, 2014 12:28 am
by contentwriter
OK thanks all!