[Organizers] Re: W-9s/1099’s for weekend talent process

To clarify, this event is upcoming. We have not yet paid our talent, but multiple individuals will receive an amount greater than $600. Virginia Varland varlandvs(a)gmail.com On Thu, Mar 21, 2024 at 1:35 PM Mary Collins &lt;nativedae(a)gmail.com&gt; wrote: > As an organizer, caller, Bookkeeper and tax filier this is correct...if > you paid an individual $600 or more during the year. If it was a band that > disbursed monies less than $600 each then no. > > The 1099's were due Jan 31, so get this done asap. > > There is also a new "gig worker" deduction for those earning over $250 > from one organization as well for those of us that call or play. > > Mary Collins > > On Thu, Mar 21, 2024, 1:23 PM Virginia Varland via Organizers < > organizers(a)lists.sharedweight.net&gt; wrote: > >> Hi all, >> >> I’m a new treasurer for an organization that is preparing to hold it’s >> first weekend since before the pandemic. We are a registered 501c3 >> non-profit operating at less than 50K per year. We will be paying our >> talent more than the threshold for filing 1099’s ($600+), thus it is my >> understanding that we’ll need to get our talent to fill out W9s and send >> them 1099s for their 2024 taxes. Past treasurers do not recall filing >> 1099s for weekend talent in the past, however rates have gone up and the >> threshold for filing has gone down. >> >> Can an presently active/experienced treasurer confirm or correct my >> understanding of this situation and give any insight to the process, >> please? Also interested to hear experiences of talent who have had to file >> 1099s for earnings. >> >> Many advance thanks for any light you can shed on this. >> >> Best, >> Virginia >> Virginia Varland >> varlandvs(a)gmail.com >> >> _______________________________________________ >> Organizers mailing list -- organizers(a)lists.sharedweight.net >> To unsubscribe send an email to >> organizers-leave(a)lists.sharedweight.net >> > _______________________________________________