well the bueno part is that ive already claimed the income as it was, in 2009 the not-so-bueno part is that he didnt do it for more than me and for more money than i, and a lot of times, the work is done by, for lack of a better term, local crack junkies.
ugh. 420 of the $570 that year was my hosting fees (which i pay tax on) and he doesnt 1099 for service fees like that, right? or does he? anyway, let me know, but i didnt think so. w0rd. On Wed, Dec 22, 2010 at 5:51 PM, Cameron Childress <camer...@gmail.com> wrote: > > On Wed, Dec 22, 2010 at 11:08 AM, Tony <tonyw...@gmail.com> wrote: >> hey guys and gals. >> >> does it make sense to submit a w-9 to a vendor >> for $150 of work in 2009? isnt there some sort of >> "too small" for 1099? > > 1099 is only required if you make $600 or more over the course of the > calendar year. If you are only getting $150 from them they do not > have to 1099 you, but they may elect to anyway. If you have a good > working relationship with them I would explain this to them. My > understanding is that if they report the income you will be required > to pay tax on it. > > You can find more here: > http://www.irs.gov/instructions/i1099msc/ar02.html > > -Cameron > > ... > > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Order the Adobe Coldfusion Anthology now! http://www.amazon.com/Adobe-Coldfusion-Anthology/dp/1430272155/?tag=houseoffusion Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:332831 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/groups/cf-community/unsubscribe.cfm
