swaitsandClaude Opus 5.5
249e216fc0
A vendor's 1099 decision is its own dated fact (files NEC or MISC, not reportable with its reason, or undetermined), applied by each payment's date. Payment methods are recorded; card and network payments are left out and listed; a member's check through financing counts; a bank payment with no method counts (D-40); $2,000 for payments after 2025. One worksheet for the tool, the viewer and the CPA package. Co-Authored-By: Claude Opus 5.5 <noreply@anthropic.com> Claude-Session: https://claude.ai/code/session_01T3gXMVt7XJPi6ens1or9Dj
100 lines
3.1 KiB
TOML
100 lines
3.1 KiB
TOML
id = "1099-a-members-check-through-financing-counts"
|
|
title = "A member's own check for the company counts toward the payee's 1099; their card doesn't; unknown stays unknown"
|
|
rule = """
|
|
The payer is the person who makes the payment in the course of its trade or
|
|
business. A person paying on another's behalf is the payer only if it
|
|
performs management or oversight functions or has a significant economic
|
|
interest; writing checks at another's direction is neither. A member who
|
|
pays a company bill from their own funds at the company's direction, the
|
|
company bearing the cost through its liability to the member, leaves the
|
|
company the payer: the member's check counts toward the payee's 1099. The
|
|
member's personal card is a payment card: excluded (Form 1099-K). A
|
|
member's payment whose method isn't recorded is undetermined, never
|
|
guessed; the payee is reportable only if what certainly counts reaches the
|
|
threshold.
|
|
"""
|
|
status = "AUTHORITY"
|
|
sources = [
|
|
"Treas. Reg. §1.6041-1(a)(1)(i), (e)(1) (docs/spec/sources/irs-1099-payment-method.md)",
|
|
"Treas. Reg. §1.6041-1(a)(1)(iv)",
|
|
"26 U.S.C. §6041(a), as amended by Pub. L. 119-21 §70433 (docs/spec/sources/irs-1099-thresholds.md)",
|
|
]
|
|
tags = ["1099", "financing", "member-paid", "instruments"]
|
|
|
|
[setup]
|
|
currency = "USD"
|
|
fiscal_year_start = "01-01"
|
|
basis = "cash"
|
|
rounding = "half-away-from-zero"
|
|
cash_accounts = ["1000"]
|
|
financing_accounts = ["2100"]
|
|
|
|
[[setup.accounts]]
|
|
code = "1000"
|
|
name = "Bank"
|
|
type = "asset"
|
|
|
|
[[setup.accounts]]
|
|
code = "2100"
|
|
name = "Due to Members"
|
|
type = "liability"
|
|
|
|
[[setup.accounts]]
|
|
code = "6000"
|
|
name = "Contract Labor"
|
|
type = "expense"
|
|
|
|
[[setup.instruments]]
|
|
label = "Riley's checks"
|
|
kind = "member_cash_or_check"
|
|
account = "2100"
|
|
|
|
[[setup.instruments]]
|
|
label = "Riley's Visa"
|
|
kind = "member_card"
|
|
account = "2100"
|
|
|
|
[[setup.payees]]
|
|
name = "Dana Studio"
|
|
form = "1099-NEC"
|
|
|
|
[[events]]
|
|
date = "2026-05-01"
|
|
description = "Logo, paid by a member's personal check"
|
|
payee = "Dana Studio"
|
|
instrument = "Riley's checks"
|
|
lines = [
|
|
{ account = "6000", side = "debit", amount = "2500.00" },
|
|
{ account = "2100", side = "credit", amount = "2500.00" },
|
|
]
|
|
|
|
[[events]]
|
|
date = "2026-06-01"
|
|
description = "Icons, charged to a member's personal card"
|
|
payee = "Dana Studio"
|
|
instrument = "Riley's Visa"
|
|
lines = [
|
|
{ account = "6000", side = "debit", amount = "800.00" },
|
|
{ account = "2100", side = "credit", amount = "800.00" },
|
|
]
|
|
|
|
[[events]]
|
|
date = "2026-07-01"
|
|
description = "Revisions, paid by a member (how not recorded)"
|
|
payee = "Dana Studio"
|
|
lines = [
|
|
{ account = "6000", side = "debit", amount = "300.00" },
|
|
{ account = "2100", side = "credit", amount = "300.00" },
|
|
]
|
|
|
|
# By hand: counts 2,500.00 (the member's check); excluded 800.00 (their
|
|
# card); undetermined 300.00. What certainly counts, 2,500.00, is at least
|
|
# 2,000.00 however the 300.00 turns out: reportable, on 2,500.00 (or
|
|
# 2,800.00 once the 300.00 is known to be a check).
|
|
[[expect]]
|
|
query = "vendor_1099"
|
|
payee = "Dana Studio"
|
|
from = "2026-01-01"
|
|
to = "2026-12-31"
|
|
values = { status = "reportable", threshold = "2000.00", paid = "2500.00", excluded_card = "800.00", undetermined = "300.00", not_reportable = "0.00" }
|