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Payouts
Posted: Tue Dec 28, 2004 4:54 am
by Route Collectors
Greg
Any chance next years entry fees can be deducted from checks being sent? Probably too late to ask this question.
RC
Payouts
Posted: Tue Dec 28, 2004 10:28 am
by Nag'
They can probably do that, but you'd still get the 1099 for the entire amount or so I would think. It would be good for you if I was wrong.
Payouts
Posted: Wed Dec 29, 2004 4:45 pm
by Greg Ambrosius
Like Nag said, we could do that but it wouldn't help you for tax purposes. We are still obligated to file what we paid in winnings this year. We did do this for a few guys in baseball who knew they were coming out and just wanted to get their signup taken care of right away. But if you've already sent in your W-9, I believe the checks went out today for the full amount.
Again, you can contact me if you want this done and we'll hold onto your money, but I don't need it until July 15th. And Jeff, I know you're coming back so keep that money for now and we'll settle up this summer.