Hey all. I'm a long time lurker (about two months) and first time poster.
Absolutely all of my income is 1099 income as an individual/sole proprietor. Long story short, I have no real overhead, as I am an internet marketer. All of my money is basically commission based. I get checks, Paypal deposits and direct deposits from about 9 different sources. Now, I know that I am required to have 6 months worth of pay stubs to give to the trustee (or attorney if I get one), but there are technically no pay stubs, at all. Most of the checks I get are just that, straight checks with no "summary" to tear off. Others are deposited into Paypal and others are direct deposit.
I have contacted all of them to see if they could send stubs, but the response I get from most of them are "we can send an excel file that lists the amounts we paid to you".
As a strictly 1099 individual, what is recommended in place of pay/wage stubs that a salaries employee presents? I looked at various local and federal laws, but never saw a precise answer. I don't expect one here, either, but any pointers would be much appreciated
Thank you,
Adam
Absolutely all of my income is 1099 income as an individual/sole proprietor. Long story short, I have no real overhead, as I am an internet marketer. All of my money is basically commission based. I get checks, Paypal deposits and direct deposits from about 9 different sources. Now, I know that I am required to have 6 months worth of pay stubs to give to the trustee (or attorney if I get one), but there are technically no pay stubs, at all. Most of the checks I get are just that, straight checks with no "summary" to tear off. Others are deposited into Paypal and others are direct deposit.
I have contacted all of them to see if they could send stubs, but the response I get from most of them are "we can send an excel file that lists the amounts we paid to you".
As a strictly 1099 individual, what is recommended in place of pay/wage stubs that a salaries employee presents? I looked at various local and federal laws, but never saw a precise answer. I don't expect one here, either, but any pointers would be much appreciated
Thank you,
Adam
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