House renovation contractor dont want to give recipt

[Electrician4you]

Originally Posted by MikeJaquish

I 1099 the 15 year old who mows my grass.

Funny. I have to find a new one every year.

LoL. Seriously? Yeah I can see you doing it as it’s a deduction if you use your house as a office. For me at my house it’s of no use. On my rentals everyone gets paid by check and I need a invoice/receipt at payment if it’s over $100.I have paid cash for some little stuff under $100 no receipt. I usually keep about $500 on me just in case. Drives my wife crazy when I don’t give her receipts.

[suzy_q2010]

Originally Posted by Electrician4you

How do I know? Because I’ve been in the construction industry for about 25 years and I know wtf I’m talking about. The FACT that he didn’t like the set up bought all the material and made DAILY payments and it was a all cash deal for labor is a HUGE tell that he paid peanuts and the guy was unlicensed. Most f these unlicensed guys get beat up on price and I don’t blame them for not giving paperwork. So the guy doesn’t want to give receipts now because he’s afraid. And OP wants to treat this as some kind of legitimate business deal. Are you f’ing kidding me. If I was a unlicensed contractor I wouldn’t want any paper trail. But keep on with the guy was just a contractor


As far as my not declaring $100 for a small job lol. Do you declare the income from that garage sale? How about when someone pays you cash for doing something for them. That’s income too. Considering the money was used for petty cash, to either buy lunches or given to the helpers why would I bother declaring it. Trust me lady I paid more taxes than most people made in a year. I didn’t get away with anything.

What happens when the OP sends a 1099 to the IRS? Odds are the IRS would never have asked to see OP's cash receipts. Now it is guaranteed to look for undeclared income - and not just from OP.

Those $100 "small jobs" can add up. Undeclared income is undeclared income. I have declared as little as $5 income amounts. When our kids were young we had a live in Nanny for them. We paid payroll taxes for her (even paid her share of them to give her a little more spending money) and workman's comp and unemployment taxes. A receipt is given for every penny of cash received in DH's business and every penny is declared.

The only money from a garage sale that would be taxable is any amount over what you paid for an item you sold. I have had only two garage sales and nothing sold for more than its purchase price. No profit; no tax.

[MikeJaquish]

Originally Posted by Electrician4you

LoL. Seriously? Yeah I can see you doing it as it’s a deduction if you use your house as a office. For me at my house it’s of no use. On my rentals everyone gets paid by check and I need a invoice/receipt at payment if it’s over $100.I have paid cash for some little stuff under $100 no receipt. I usually keep about $500 on me just in case. Drives my wife crazy when I don’t give her receipts.

NO. Not serious at all.
And, in restaurants and after a haircut, I tip with cash. Seriously.

[Electrician4you]

Originally Posted by suzy_q2010

What happens when the OP sends a 1099 to the IRS? Odds are the IRS would never have asked to see OP's cash receipts. Now it is guaranteed to look for undeclared income - and not just from OP.

Those $100 "small jobs" can add up. Undeclared income is undeclared income. I have declared as little as $5 income amounts. When our kids were young we had a live in Nanny for them. We paid payroll taxes for her (even paid her share of them to give her a little more spending money) and workman's comp and unemployment taxes. A receipt is given for every penny of cash received in DH's business and every penny is declared.

The only money from a garage sale that would be taxable is any amount over what you paid for an item you sold. I have had only two garage sales and nothing sold for more than its purchase price. No profit; no tax.

Get real. If it’s under $600 I don't need to do a 1099.

You should pay those taxes because you hired her as a employee not as a contractor. You literally had a employee. That’s the exact opposite of a contractor.

Well you’re a better person than I am if you declared $5 in income. Which btw I absolutely do not believe. Please get off your high horse.

[suzy_q2010]

Originally Posted by Electrician4you

Get real. If it’s under $600 I don't need to do a 1099.

You should pay those taxes because you hired her as a employee not as a contractor. You literally had a employee. That’s the exact opposite of a contractor.

Well you’re a better person than I am if you declared $5 in income. Which btw I absolutely do not believe. Please get off your high horse.

Yep, she was an employee and we paid all the required taxes.

Yep, I have declared amounts as low as $5, so I have no respect at all for contractors who do not declare what they get for small jobs.

It was the OP that I suggested filing a 1099.

https://www.efile.com/what-is-form-1...-requirements/

"Since the IRS considers any 1099 payment as taxable income, you are required to report your 1099 payment on your tax return. For example, if you earned less than $600 as an independent contractor, the payer does not have to send you a 1099-MISC, but you still have to report the amount as self-employment income."