Hi, this will be my first year to turn in taxes based on my notary business. Do I get revenue pwk from each signing company that I contracted with? If so, do I have to request it or is it sent automatically? I’ve not gotten anything from anyone so far and I had signings with about 9 different companies last year. Thank you in advance.
@nelsonnotarytn Welcome to the Notary Cafe forum! 
Excellent question! Here are a few helpful tips:
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As a Business Owner, you’ll want to reach out to your professional tax accountant/Certified Public Accountant [CPA] for this type of query for your business to ensure that you make the best decision.
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In addition, you’ll want to review the data available on the IRS website:
Specifically, the Section “Specific Instructions for Form 1099-MISC” that identifies if an independent contractor earns revenue of $600 (or more) a 1099 should be created for them.
- Also, there is immediately available information found within the Notary Cafe database on this topic.
This information is a GOLDMINE!
Most members express that they find it difficult/NEARLY IMPOSSIBLE to locate the Search Function in order to access the wealth of information available within the database.
To be helpful, I’ve inserted an image for you & others [see below] to help members locate it to unlock the wisdom & knowledge of other members on the forums.
I’ve performed a cursory Search on your behalf and the results show 50+ separate threads (in addition to yours) about this particular topic. There is a plethora of data immediately available on the threads within Notary Cafe. 
https://forum.notarycafe.com/search?q=%22taxes%22
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Accessing the database to locate information about potential clients has saved many of us an inordinate amount of time ‘chasing’ payments for Services professionally provided to potential non-payers . . . 
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1099s are not required until the amount is $600, but a few will send it for lesser amounts. Regardless, do your taxes based on YOUR records. You may deduct your fee/notarization from SE taxes only, but doing so WILL decrease future SS amounts.
cNsa5 stated “ professional tax accountant/Certified Public Accountant [CPA”, best answer for any tax concerns. Next you need a good record keeping system for tax purposes, I found out about CloseWise (https://www.closewise.com/) and switched from notaryassist that I used for the past 10 years. Having a good management tool for administrative, taxes and record keeping is essential for our notary business.
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