1099-MISC
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Example of 1099-MISC (37 KB)


When will I receive my 1099?

1099s are mailed to your address on file on January 31st of each year. Please allow 10 business days to receive your 1099 by mail.

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If I am enrolled in Direct Deposit (ACH), will I receive my 1099 through the Owner Relations Connect website?

No, all owners will receive their 1099 via mail sent out on January 31st even if they receive their statements online. 1099s will not be available through the Owner Relations Connect website.

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I received very few royalty payments, will I receive a 1099?

    The minimum amounts for 1099s to be automatically issued are:
  • Box 1 (Rents) - $600
  • Box 2 (Royalties) - $10
  • Box 7 (Non Employee Compensation or Gross Working Interest) - $600

1099s for less than the minimum amounts stated above can be requested at 1 (877) 642-1099. Please select option 1 for Box 2 and Box 7, and option 2 for all other boxes.

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Why doesn’t EOG mail 1099s for Corporate Entities?

The IRS does not require EOG Resources to issue a 1099 for corporate entities unless Box 7 is $600 or more. 1099s can be requested at 1 (877) 642-1099. Please select option 1 or email EOGR1099@eogresources.com.

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How do I request a new 1099?

1099s can be requested at 1 (877) 642-1099. Please select option 1 for Box 2 and Box 7, and option 2 for all other boxes. Please have your owner number ready, and you will be asked to verify your address and social security number.

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My address has changed and I did not receive my 1099. How do I request a new one?

1099s can be requested at 1 (877) 642-1099. Please select option 1 for Box 2 and Box 7, and option 2 for all other boxes. Please have your owner number ready, and you will be asked to verify your address and social security number.

Change of address forms can be emailed or faxed to you. Once you return change of address form, a new 1099 will be sent to your new address.

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The amount in Box 2 does not equal to what I received. Why?

EOG Resources is required to report Gross Royalty Amounts to the IRS. The amount of your royalty checks equals the gross amount minus related deductions and state severance taxes. The amount of your royalty checks should be equal to the Net Amount (in the upper right-hand portion).

Net Amount = Gross Amount (Box 2) - Other Deductions - Taxes
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The Net does not equal what I received. How do I get the details?

If the Net Amount does not equal the royalty check that you received, then you can request your 1099 details by calling 1 (877) 642-1099. Please select option 1 for Box 2 and Box 7.

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I received my December royalty check in January. Why is it on my 1099?

The IRS uses the “Constructive Receipt” doctrine. Because the December royalty check was issued in December, the amount is appropriately included on the 1099 even if you received the check in January.

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I had an out dated royalty check in the previous year that was reissued in the current year. I have already reported that amount in the original year it was issued. How do I ensure that the amount will not be reported again in the current year?

We make every attempt to exclude these amounts from your current year 1099. In the event that you think we have made an error, please contact us at 1 (877) 642-1099, select option 1 or email us at EOGR1099@eogresources.com.

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Can you withhold federal taxes from my checks?

EOG Resources does not withhold federal taxes unless required by statute.

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What are the other deductions, and where do I put them on my tax form?

Other deductions include your share of expenses incurred to make the products marketable, cost to transport to market, and your share of the state severance taxes assessed on production. EOG Resources is not able to provide any tax advice and encourages all owners to seek proper tax assistance in preparing their tax returns.

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Why did I receive a 1099-INT?

You received a 1099-INT because EOG remitted interest to you as required by state statutes. If your royalties were not paid as required by the state statutes, interest was calculated and remitted to you. The interest payment is reflected on your check detail as a single line with the ‘IN’ deduct code.

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