More Than One Social Security # For Taxes To Split Earnings

Steven-And-Duane0
Level 2
Ollantaytambo, Peru

More Than One Social Security # For Taxes To Split Earnings

Hi,

 

I am in a revenue sharing arrangement for my hosting duties and was wondering if anyone had experience uploading more than one social security number for more than one W-9 (they are personal social #s not a corporation, etc.) and receiving more than one 1099 at the end of the year for each of us? Or, does the website only support one W-9 (one social security #) and then I would have to issue my own 1099 to that person? That's just a bit of extra money to spend with the accountant so hoping the website can issue both of us a 1099? 

 

Thank you,

 

 

Steven

1 Reply 1
Luis-and-Tati0
Level 10
New York, NY

Hi @Steven-And-Duane0

 

Yes, you may submit 1 different SSN or ITIN for every method of payout...
Two payouts using the same SSN or ITIN
but not 2 SSN or ITIN for 1 payout...

 

Remember the 1099 will be only issued for over 200 reservations AND more than $20.000...

 

 

Luis