1099 Tips

1099 Tips

If you make $600 or more in a given year, you will receive a 1099. This is just for labor, not travel reimbursements. If you receive a 1099, that means you have to pay taxes on what you have earned. If it looks like you will make $600 or more in a year, it is a good idea to set aside 25-30% for taxes. If you are a minor or still a dependent on your parents’ taxes, then they will have to put the 1099 on their taxes for you. This is another reason it is important for your agency to have a current mailing address. Tax documents are supposed to go to a street address, not a PO Box. Exceptions are probably made if your address does not receive mail.

What photographers look for

What photographers look for

When to expect payment

When to expect payment