1099-MISC Problems

I just received the 1099-MISC form for my ypn account in the mail today. The income they reported is exactly twice my actual earnings with them for 2005.. I already submitted a customer support request about this, so hopefully this will get resolved soon, but I'm curious if anyone else has seen the same problem.

 

Aha! Nice catch!

I noticed mine was wrong and figured they had added my December earnings in (which are close to double the amount from the checks received in 2005). But they actually did just double it. Nicely done, Yahoo!

 

Mine was right on.

 

Huh, interesting. I'll have to contact Yahoo then. I figured they had done it to everyone, so I didn't want to pile on, but if it's only for some people's then I'll contact them.

 

Uh oh....we'll need to be vigilant, eh?

 

Would you like for us to try and help you resolve this?

We will be happy to help.

 

What does that mean? You don't work for Yahoo!... do you?

 

Just tell Yahoo to send the difference by check, call it even.

 

No..im just being a good citizen.

 

So, no one else has this problem? Just me and suhock?

I'm really curious how big of a problem this is, so I know how long it will take YPN to fix mine ;-)

 

Yahoo sent me a 1099 saying they paid me a HUGE sum for 2005. These guys really don't have a clue.

It's not going to be fun if the IRS comes to me thinking my income is 50% higher than it was for 2005.

If Yahoo can attach phantom earnings to me and claim it against their taxes, why can't I send them a 1099 doing the exact same thing????

I am so fed up with YPN customer support, it's not even worth the effort to call them.

What in the world are they doing over there???

 

God help yahoo if they've filed their 1096 already. Sending in amended one later on can be a pain in the butt.

 

I called YPN today. They said that they should be mailing out corrected 1099's next week.

 

It's hard for me to give any credence to anything YPN says about mailings.

If they said it's in the mail, it's NOT!

If they say corrected 1099's go out next week, expect it to be next month.

It's hard to believe anything YPN support says about its mailings.

 

Yahoo has to get them out by Jan 31st, its the law. Their 1096 also has to be filed by the 31st as well. So its really not up to yahoo when to send out corrected ones.

 

Spoke to a rep at YPN today. Said that corrected 1099's are going out this week.

 

Got an e-mail from Yahoo today stating that the corrected forms are being mailed out Friday 02/03.

 

Hehe me 2

 

Ditto. Although they also said it could take up to 10 days to get here.

 

Man, I thought that poor targeting (ie low CTR) and incompetent customer support were the only problems with YPN. Guess there is a lot more to it