Goodsounds;473140 Wrote: > The $600 rule is for payers to report payments to the IRS. Recipients > are taxable on any amounts received (in cash or property) for services, > they just receive no report on amounts below $600 from any one payer.
Interesting. A while back MSFT quoted the $600 rule when providing "free" software as a benefit for particapting in one of their usability studies. They neglected to explain the nuances of the rule. I was actually wondering if hardware to beta testers and such fell into the same classification or if it was somehow different since they're providing it for you to do something on their behalf (versus the MSFT software which was purely an after-the-fact perk). Suffice to say; I won't be calling the IRS to check up on any of this... -- jdoering ------------------------------------------------------------------------ jdoering's Profile: http://forums.slimdevices.com/member.php?userid=17482 View this thread: http://forums.slimdevices.com/showthread.php?t=69819 _______________________________________________ discuss mailing list discuss@lists.slimdevices.com http://lists.slimdevices.com/mailman/listinfo/discuss
