by Connie C.
Member since:
August 4, 2006

1099 Tax Form From Gather

February 05, 2009 09:19 AM EST
views: 147 | comments: 45

I have been reading about many gather members who think their 1099 form they received from Gather was incorrect. If you will go to the Today On Gather post for January 30 2009 - you will read the official response from Gather concerning the 1099 forms. At that time I posted it to you.

The information is in the very first section of the post and it is in blue letters.  This is only part of what it says  "This includes gift cards, cash redemptions, contest prizes or promotional items they received during 2008."

Will this affect you when it comes to entering future contests on gather?

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Comments: 45

J F. Feb 5, 2009, 9:21am EST
I never win, so it doesn't bother me. LOL!
Heck no! I am still going to enter contests, big or small. I enjoy getting the prizes, and I only enter if it's a prize I'm interested in getting. I am not going to enter everything just for a prize, but if it's something that sounds good, I'll still enter.
Ang, wandering aimlessly, G. Feb 5, 2009, 9:26am EST
No, cause I never make enough on gather anyways to get a 1099. I think last year I earned about $200 in gc if that, $30 book, and coupons for coffee mate. So these contests rarely hurt me anyways.
Candy S. Feb 5, 2009, 9:29am EST
I have never won anything
Μόףףý ● ķ ~ Feb 5, 2009, 9:29am EST
Well I entered a lot (but never won) I noticed that the same people were winning everytime, over and over. It used to tick me off a little, now I'm just laughing. I betcha they were real surprised to see how much they owe Uncle Sam for all that "free" stuff! Ha!
Quinn (aka Entwife) Blackburn Feb 5, 2009, 9:30am EST
no, i almost never have time for contests and I am no way near $600 a year lol.

..
U wishing you laughter
Victoria H. Feb 5, 2009, 9:36am EST
I second what Heather said.

I will continue to enter contests and things for items that I would like to receive. I enjoy getting them too and though it added a little to my 1099 total I don't really care. It's fun getting free stuff.
Victoria H. Feb 5, 2009, 9:38am EST
My gifts and promos only added an additional $53.94 to my total giftcard redemptions.
Donna S. Feb 5, 2009, 9:38am EST
I dont enter many contests and dont make enough to get a form anyway--lol...thanks for the info though.
kelldogg ! Feb 5, 2009, 9:38am EST
i might reconsider the ones i enter into and be more selective!
Teresa A. Feb 5, 2009, 9:40am EST
I have not cashed out so no 1099
Stacey *Mamasaid* D. Feb 5, 2009, 9:40am EST
I usually don't do contests anyway. Too much going on to keep up with them.
Bob B. Feb 5, 2009, 9:46am EST
What's a 1099? (Just kidding)
Connie C. Feb 5, 2009, 9:51am EST
LOL@Bob
Rob Appell Feb 5, 2009, 9:55am EST
It won't stop me. I'm so po, even with declaring money earned, prizes and extras from Gather amounting to almost $2,000, I don't even have to file income tax. I'll keep right on going and get as much as I can this year, too.
April H. Feb 5, 2009, 9:56am EST
No, I don't make that much money on Gather so it doesn't matter!
Brittney R. Feb 5, 2009, 10:02am EST
No, I don't earn enough on here to receive a 1099 and probably never will, even with prize value included. I'm just not on here enough. I will continue to enter contests because I love receiving books and other goodies--I don't enter everything, just what interests me.
Monica H. Feb 5, 2009, 10:04am EST
It won't even affect me. I don't even make enough from Gather in a year to have to have the tax form.

I usually don't win much stuff anyway. I have won a couple of items though. I will still participate any chance I can.
Monica H. Feb 5, 2009, 10:05am EST
Have a great Thursday Connie.
tammie p. Feb 5, 2009, 10:17am EST
thank you for sharing this
Ellie !. Feb 5, 2009, 10:20am EST
I have big tax problems...
I will enter for things I am interested...and off-set the winnings with tax-deductible donations to the Food Bank or a charity that benefits women and children...like I've been doing in the past.
Marianne R. Feb 5, 2009, 10:25am EST
Yeah, and winnings and gifts should be in line item #3 not line item #7.
Nancy S. Feb 5, 2009, 10:34am EST
No worries here but thanks for the info.
April H. Feb 5, 2009, 11:25am EST
We do not make enough for it to affect me in any way. And I am pretty sure that the one I received even though it says 2,000 + it is way to low to have counted all the wins here at gather. And since Bridget posted her list and it was minus several wins that I know she won I am sure they for some reason did not count some wins. But fortunately I posted almost monthly what my wins were and even though I estimated the winning values it is much higher then the one that was sent to me.
April H. Feb 5, 2009, 11:27am EST
For example Bridget & I both won an Amtrak Basket and some gather grabs and when she posted the list from Maryann it did not include those items and there were others like the Train set we also both won that too was not on the list .
Janet "Jax" B. Feb 5, 2009, 11:38am EST
To me it's more that the income is reported on the incorrect line....which is messing me up....Marianne has it right, part of the income should be in box 3.
Sandy (back in Ohio...blah!) Feb 5, 2009, 11:40am EST
No, it will not affect me in entering contests. As I knew all those things counted before.
I will think twice for sure. Although it has been a long time since I have won anything on gather~
April H. Feb 5, 2009, 12:03pm EST
I called my tax man today and he said gather is following the law, they were the sponsers of all contests and are required by law to report the vales as they did and they did it correctly and yes we need to put it all on line 7 not 3
Nana to Seven Cutiepies Feb 5, 2009, 12:27pm EST
It's all too confusing for my feeble mind to figure out. I only enter the contest that I really want the prize for. I did think that the prizes were from the sponsors though so I'll be sure to read carefully where the prize comes from if it is substantial, don't want to get in trouble with DH for putting us in a higher tax bracket, LOL. That's a joke, I don't think I'd ever win anything that big any way.
rainne chandler Feb 5, 2009, 2:27pm EST
i like the contest here on gather so yes i will still be doing them
Shawnee G. Feb 5, 2009, 4:50pm EST
Will not effect me, as I hardly ever win or cash out for anything... LOL.
Bridget ♥ Feb 5, 2009, 4:51pm EST
No, it will not affect me in entering contests.
Connie C. Feb 5, 2009, 6:58pm EST
April,
Any time you enter a contest for anything, they will usually state "winner pays all applicable taxes".

You are correct, Gather is right.
Marianne R. Feb 5, 2009, 7:04pm EST
April, sorry, but that's not correct. Gather was NOT a sponsor of all the contests which is why some items won are not included. The descrepency for me lies with a FREE BOOK and a STOUFFERS MEAL COUPON. Contest winnings and gifts go in area #3, period. Earnings go in #7.
Carla B. Feb 5, 2009, 7:11pm EST
I'll still enter the contests I want to enter. I knew that I would be paying taxes on anything I received from gather. I don't enter for things I'm not interested in.
Amanda C. Feb 5, 2009, 7:22pm EST
I noticed that your other post had said it included contest wins too.

I still didn't earn enough though so I didn't have to worry about it. I made about $460 then I won 2 books, and a gather sweatshirt; the winning items I knew couldn't have added up to the other $150..
Marsha S. Feb 5, 2009, 8:51pm EST
no way! I will still attempt to win
JoAnn C. Feb 5, 2009, 9:28pm EST
It won't stop me from entering. Thanks for the information
CyberGwen ! Feb 5, 2009, 10:48pm EST
I will think twice about books and such. I understand the reasoning, but now that I know that they do that, it makes much more sense for me tax wise to go buy the book (at a cheaper used price) than to take the full value hit on my taxes.

This self employment tax stuff is killing me and I don't need the surprises!
CyberGwen ! Feb 5, 2009, 10:50pm EST
P.S. Marianne does have a really good point BTW. There is a big difference in the two and they were not advertised as such.
**AngelEyez** a. Feb 5, 2009, 11:31pm EST
Nah,I never get past 500 on gather..
Janet "Jax" B. Feb 5, 2009, 11:35pm EST
The forms I signed for the one contest came from the Got Milk? people. I have the letter here still, and I signed all the award policy forms and sent them back to them. I kept the letter for tax purposes, just in case.

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