Copy of Form 1099 or 1042

[surjithctly]

@imithemes

This is what I asked before to collis

@surjithctly

The post says you will implement this from January 2016. But a Financial year starts on April. You also says that will provide a form in March 2017. If you are about to make this happen on jan 2016, Aren’t we eligible to receive that form for 3 months on March 2016 ?

And this is what he replied.

@collis

The IRS requires Envato to report income on a calendar year (January 1 through December 31) basis rather than a fiscal year basis. I’m not sure why, but that’s the way their system works!

We’re starting on January 1st 2016, so that year finishes December 31st 2016, and then three months later in March 2017 we will issue the reports for that prior year.