Hydra 1099

suga051982 said:

At what point after Jan 1st does Hydra send out 1099s? If I made $3k as an individual and then switched to a LLC and made $5k, will they send me 2?

1. I haven't used Hydra before, but I am tax certified and I know most companies send out their 1099's during the month of January.

2. You will receive two 1099's only if you filled out two separate 1099's for Hydra. One with your social security and one with your Employer Identification Number for your LLC (EIN). If this is the case, one would be personal income and the second would be business income. If you didn't fill out two different forms, you will most likely only receive one 1099 with all of the income as either personal income or business income depending on what you originally filed with Hydra. I hope this helps.

I am new to this site so any "rep" and/or "thanks" is appreciated
Let me know if you have any other questions.

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