Anyone else get 1099 for money not recieved?

Crab Man · 02-06-2012, 12:27 PM

Anyone else get a 1099 from the GCCF for thousands of dollars they didn't get? I haven't recieved a dime from the GCCF since they took over claims from bp, but they reported thousands to the IRS for last year. Fienberg is a no good piece of sh!t.

sealark · 02-06-2012, 12:37 PM

Quote:

Originally Posted by Crab Man

Anyone else get a 1099 from the GCCF for thousands of dollars they didn't get? I haven't recieved a dime from the GCCF since they took over claims from bp, but they reported thousands to the IRS for last year. Fienberg is a no good piece of sh!t.

Are you saying that you personally didn't receive any money and you DID receive a 1099 misc. for income??

Crab Man · 02-06-2012, 12:43 PM

Quote:

Originally Posted by sealark

Are you saying that you personally didn't receive any money and you DID receive a 1099 misc. for income??

Yes. For $6,000 in 2011 and they didn't give me a dime in 2011. I got $10,000 in 2010 from bp, but I all ready paid taxes on that. GCCF hasn't done anything but offer me WAY less than what my losses where, and I didn't take any of it. Now I have to pay taxes on "relief" money that I never even got.

sealark · 02-06-2012, 01:56 PM

I'm not sure I understand. But if you didn't receive any money in 2011 I would just make a note when you file and I would believe whoever sent the 1099 would have to prove they sent you the money like a cashed check or a deposit to an account. That would be easy to disapprove. Contact the 1099 originator with a complaint. There is no way you will have to pay on something you never received.

Crab Man · 02-06-2012, 01:59 PM

The situation is they sent me a 1099 for 6 grand in "income replacement", but they didn't pay me that 6 grand. They never even offered it to me. They did offer me a final settlement that I turned down because it was about 1/4 of what my original losses where in 2010 from the oil spill.

My cpa is gonna make me pay on every 1099 I got, we've already been through that before. The GCCF won't talk to me because I have lawyers. The whole process is messed up if you ask me.

sealark · 02-06-2012, 02:05 PM

Quote:

Originally Posted by Crab Man

My cpa is gonna make me pay on every 1099 I got, we've already been through that before. The GCCF won't talk to me because I have lawyers. The whole process is messed up if you ask me.

I didn't know you had a lawyer or I would have kept quiet. I got a little from the spill and some of the payments lapped over to 2011. So far I have gotten all the 1099 misc at the proper time and for the correct amounts. Guess I am just one of the lucky ones. Good luck on your claim.

Crab Man · 02-06-2012, 02:14 PM

I'm at the point of just wanting to give up on the claim. It's been nothing but a pain in the arse since the GCCF took over. I just don't want to get 1099'ed every year when I'm not even going to get any money.

Crab Man · 02-06-2012, 03:00 PM

deleted

Boatjob1 · 02-06-2012, 03:17 PM

If the Attorneys received money and you got nothing, request an invoice from them for the "services" they were supposed to have provided. The fees should be deductable as legal expense against those earnings. I am not an accountant or an attorney, just been filing long form for years. Good luck.
PS Where in your attorney contract does it state that the attorneys get 100%? The following link is to the docks you can file with the Florida Bar for a Complaint / Inquiry Form if you cannot get satisfaction with a few calls. Let us know how it goes. T
link;
http://www.floridabar.org/TFB/TFBRes...df?OpenElement

Crab Man · 02-06-2012, 03:30 PM

The money was paid by the GCCF to the attornies for the purpose of expenses. It was in no way a payment to me for loss of income. I still have to pay taxes on it. In 2011 the GCCF and my lawyers cost me money but didn't get me a damn thing for relief.

My contract was for 33% if it goes to trial. I'm about ready to wash my hands of the whole mess and be done with it.

02-06-2012, 12:27 PM	#1
Crab Man Senior Member Trigger Join Date: Oct 2011 Posts: 261	Anyone else get 1099 for money not recieved? Anyone else get a 1099 from the GCCF for thousands of dollars they didn't get? I haven't recieved a dime from the GCCF since they took over claims from bp, but they reported thousands to the IRS for last year. Fienberg is a no good piece of sh!t.

02-06-2012, 01:59 PM	#5
Crab Man Senior Member Trigger Join Date: Oct 2011 Posts: 261	The situation is they sent me a 1099 for 6 grand in "income replacement", but they didn't pay me that 6 grand. They never even offered it to me. They did offer me a final settlement that I turned down because it was about 1/4 of what my original losses where in 2010 from the oil spill. My cpa is gonna make me pay on every 1099 I got, we've already been through that before. The GCCF won't talk to me because I have lawyers. The whole process is messed up if you ask me. Last edited by Crab Man; 02-06-2012 at 02:02 PM.

02-06-2012, 03:00 PM	#8
Crab Man Senior Member Trigger Join Date: Oct 2011 Posts: 261	deleted Last edited by Crab Man; 02-07-2012 at 01:25 PM.

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02-06-2012, 01:56 PM	#4
sealark Senior Member Sailfish Join Date: Sep 2007 Location: Pensacola, Sherman Cove Marina Posts: 2,142	I'm not sure I understand. But if you didn't receive any money in 2011 I would just make a note when you file and I would believe whoever sent the 1099 would have to prove they sent you the money like a cashed check or a deposit to an account. That would be easy to disapprove. Contact the 1099 originator with a complaint. There is no way you will have to pay on something you never received.

02-06-2012, 02:14 PM	#7
Crab Man Senior Member Trigger Join Date: Oct 2011 Posts: 261	I'm at the point of just wanting to give up on the claim. It's been nothing but a pain in the arse since the GCCF took over. I just don't want to get 1099'ed every year when I'm not even going to get any money.

02-06-2012, 03:17 PM	#9
Boatjob1 Senior Member White Marlin Join Date: Oct 2007 Posts: 2,939	If the Attorneys received money and you got nothing, request an invoice from them for the "services" they were supposed to have provided. The fees should be deductable as legal expense against those earnings. I am not an accountant or an attorney, just been filing long form for years. Good luck. PS Where in your attorney contract does it state that the attorneys get 100%? The following link is to the docks you can file with the Florida Bar for a Complaint / Inquiry Form if you cannot get satisfaction with a few calls. Let us know how it goes. T link; http://www.floridabar.org/TFB/TFBRes...df?OpenElement

02-06-2012, 03:30 PM	#10
Crab Man Senior Member Trigger Join Date: Oct 2011 Posts: 261	The money was paid by the GCCF to the attornies for the purpose of expenses. It was in no way a payment to me for loss of income. I still have to pay taxes on it. In 2011 the GCCF and my lawyers cost me money but didn't get me a damn thing for relief. My contract was for 33% if it goes to trial. I'm about ready to wash my hands of the whole mess and be done with it.

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