Q: Will I receive a 1099 from PlanNet Marketing for tax season 2017? If so, when will it arrive?
A: PlanNet Marketing issues 1099-MISC forms for all US Reps who earned $600 or more in total income from PlanNet Marketing during 2017 - this includes income earned from marketing commissions, Director Bonuses and contest winnings. PlanNet Marketing files these 1099 forms with the IRS on or before (many before) January 31, 2018, in accordance with Federal Law. If you qualified to receive a 1099, you can expect to receive it both via email (to the email address on your PlanNet Rep account) and via USPS mail (to the mailing address on your PlanNet Rep account). The mailed copy should be received no later than 5-7 business days after filing (Feb 10, 2018 at the latest). If you're uncertain if you'll receive a 1099 from PlanNet Marketing, you can contact us via email at firstname.lastname@example.org or call customer support at 470-443-9330. If you do not receive a 1099 and should have, please immediately contact us using one of the two above options - email or phone.
If you are a foreign Rep who earned over $600 USD in total income from PlanNet Marketing during 2017, we will contact you to complete and return a W8-BEN form on or before March 31, 2018. This form states that you are NOT a US citizen, you do not reside in the US, nor do you do business in the US - therefore you are not subject to US Income Tax. If you are a US citizen, but residing in a foreign country, you are still subject to US Income Tax and are required to provide your Tax ID information for filing.
Please keep in mind that this is ONLY for PlanNet Marketing earnings - InteleTravel and any travel commissions earned by their Agents will be reported separately by InteleTravel, and a separate 1099-MISC form will be issued for those earnings.
~~ Sarah Muscarella, Manager of Customer Support