TOTALLY GEEKED!

ed11563 · Guru

He's paying people under the table

lilyofcourse · My spirit animal is a pink flamingo.

Stay out of it.

Fort Worth Mom · Mod/Penguin lover/Princess!

Run like the wind.

Before he ends up in prison.

ed11563 · Guru

Fort Worth Mom wrote:
Run like the wind.
Before he ends up in prison.

The IRS pays a 10% bounty. If she decides to run like the wind, the IRS will fill her sails.

Nobody Just Nobody · Rib-it! Rrrib-it!

I would have to walk away from this relationship. Here's why. There are legal ways to help people and not legal ways. People don't usually change who they are when they clock out of work. If he thinks this is okay at work what would happen if they decide to get married and build a house together? Would he cut corners? I just wouldn't want to risk that.

Ohfour · Hooker

Fort Worth Mom wrote:
Run like the wind.
Before he ends up in prison.

THIS!!!

My ExMIL married a guy who was a carpet guy and he didn't file taxes. They took HER house, HER jewelry, HER furniture.

All obtained before they got married. It bankrupted her.

Lady Gaga Snerd · Guru

I would advise him to meet with an accountant.

Fort Worth Mom · Mod/Penguin lover/Princess!

Ohfour wrote:
Fort Worth Mom wrote:
Run like the wind.
Before he ends up in prison.
THIS!!!
My ExMIL married a guy who was a carpet guy and he didn't file taxes. They took HER house, HER jewelry, HER furniture.
All obtained before they got married. It bankrupted her.

Holy moly!

Did she know he wasn't filing his taxes before she married him, Oh4?

Ohfour · Hooker

Fort Worth Mom wrote:
Ohfour wrote:
Fort Worth Mom wrote:
Run like the wind.
Before he ends up in prison.
THIS!!!
My ExMIL married a guy who was a carpet guy and he didn't file taxes. They took HER house, HER jewelry, HER furniture.
All obtained before they got married. It bankrupted her.

Holy moly!
Did she know he wasn't filing his taxes before she married him, Oh4?

I have no idea. She was stupid if she didn't...

Southern_Belle · Nothing's Impossible

I'd dump him. Tax evasion is pretty serious stuff.

Lady Gaga Snerd · Guru

Well, I don't think she has to jump to conclusions. She may not really know HOW he is running his business. Did she see his books and accounts and invoices and so forth? Lots of people get paid under the table. Babysitters. Nannies or daycare people who come to your home sometimes. Or maybe you are paying cash for a job that never gets reported. So, it could be that he simply is just not a very good business man and just needs to get some accounting advice.

huskerbb · Guru

Lady Gaga Snerd wrote:
Well, I don't think she has to jump to conclusions. She may not really know HOW he is running his business. Did she see his books and accounts and invoices and so forth? Lots of people get paid under the table. Babysitters. Nannies or daycare people who come to your home sometimes. Or maybe you are paying cash for a job that never gets reported. So, it could be that he simply is just not a very good business man and just needs to get some accounting advice.

Yeah. This could be much ado about nothing. How many people send the teenage baby-sitter they get for date night a 1099?

ed11563 · Guru

Ohfour wrote:
Fort Worth Mom wrote:
Ohfour wrote:
Fort Worth Mom wrote:
Run like the wind.
Before he ends up in prison.
THIS!!!
My ExMIL married a guy who was a carpet guy and he didn't file taxes. They took HER house, HER jewelry, HER furniture.
All obtained before they got married. It bankrupted her.

Holy moly!
Did she know he wasn't filing his taxes before she married him, Oh4?

I have no idea. She was stupid if she didn't...

Sounds like grounds for an annulment based on fraud.

I know what to do_sometimes · Frozen Sucks!

Does this guy realize that very people he is paying under the table could turn him in an he would be on the hook to pay all the back taxes, plus all the legalities he would face??? Their request to be paid under the table can be a set up for extortion.

lilyofcourse · My spirit animal is a pink flamingo.

This is what I was saying on the thread about the homeless people working.

Are they getting paid under the table?

huskerbb · Guru

I know what to do_sometimes wrote:
Does this guy realize that very people he is paying under the table could turn him in an he would be on the hook to pay all the back taxes, plus all the legalities he would face??? Their request to be paid under the table can be a set up for extortion.

Again, to you send a 1099 to your occasional baby-sitter? What if you throw $20 to a neighbor kid to mow your lawn? Does he get one?

Do you seriously even think that all cash tips get reported?

This is a non-issue. If he gets caught, he gets caught. More than likely, he won't.

Lady Gaga Snerd · Guru

huskerbb wrote:

I know what to do_sometimes wrote:
Does this guy realize that very people he is paying under the table could turn him in an he would be on the hook to pay all the back taxes, plus all the legalities he would face??? Their request to be paid under the table can be a set up for extortion.
Again, to you send a 1099 to your occasional baby-sitter? What if you throw $20 to a neighbor kid to mow your lawn? Does he get one?
Do you seriously even think that all cash tips get reported?
This is a non-issue. If he gets caught, he gets caught. More than likely, he won't.

I disagree. If he has employees, he will get caught. I have run a 2-3 person S Corp for 15 yrs. As soon as you go into business, you will start getting letters from the State. He will or his employees will probably get caught. However, if he has never run a payroll at all and everything is completely cash, then maybe he won't. But, so what? Why is it OK for the Amish to run cash and nobody else? That's bull.

Ohfour · Hooker

huskerbb wrote:
I know what to do_sometimes wrote:
Does this guy realize that very people he is paying under the table could turn him in an he would be on the hook to pay all the back taxes, plus all the legalities he would face??? Their request to be paid under the table can be a set up for extortion.
Again, to you send a 1099 to your occasional baby-sitter? What if you throw $20 to a neighbor kid to mow your lawn? Does he get one?
Do you seriously even think that all cash tips get reported?
This is a non-issue. If he gets caught, he gets caught. More than likely, he won't.

No, but I'm not a business. If he has a legitimate business then there are all kinds of reporting that he has to do. He's going to get caught one day...

huskerbb · Guru

Ohfour wrote:
huskerbb wrote:
I know what to do_sometimes wrote:
Does this guy realize that very people he is paying under the table could turn him in an he would be on the hook to pay all the back taxes, plus all the legalities he would face??? Their request to be paid under the table can be a set up for extortion.
Again, to you send a 1099 to your occasional baby-sitter? What if you throw $20 to a neighbor kid to mow your lawn? Does he get one?
Do you seriously even think that all cash tips get reported?
This is a non-issue. If he gets caught, he gets caught. More than likely, he won't.
No, but I'm not a business. If he has a legitimate business then there are all kinds of reporting that he has to do. He's going to get caught one day...

So what? If you are paying anyone in cash and they are not reporting it, you are doing what he is.

I know what to do_sometimes · Frozen Sucks!

Ohfour wrote:
huskerbb wrote:
I know what to do_sometimes wrote:
Does this guy realize that very people he is paying under the table could turn him in an he would be on the hook to pay all the back taxes, plus all the legalities he would face??? Their request to be paid under the table can be a set up for extortion.
Again, to you send a 1099 to your occasional baby-sitter? What if you throw $20 to a neighbor kid to mow your lawn? Does he get one?
Do you seriously even think that all cash tips get reported?
This is a non-issue. If he gets caught, he gets caught. More than likely, he won't.
No, but I'm not a business. If he has a legitimate business then there are all kinds of reporting that he has to do. He's going to get caught one day...

I used to have a small accounting practice. All my clients were small Mom & Pop business. Most ran their businesses legitimately. The ones that didn't always ended up going out of business or going broke because they would spend every last dime on themselves as soon as the money came in. They were not good business people. They couldn't build a base of customers who returned because of their shady practices. You can't grow a business if you aren't trustworthy; trying to skirt taxes says a lot about your character.

huskerbb · Guru

I know what to do_sometimes wrote:
Ohfour wrote:
huskerbb wrote:
I know what to do_sometimes wrote:
Does this guy realize that very people he is paying under the table could turn him in an he would be on the hook to pay all the back taxes, plus all the legalities he would face??? Their request to be paid under the table can be a set up for extortion.
Again, to you send a 1099 to your occasional baby-sitter? What if you throw $20 to a neighbor kid to mow your lawn? Does he get one?
Do you seriously even think that all cash tips get reported?
This is a non-issue. If he gets caught, he gets caught. More than likely, he won't.
No, but I'm not a business. If he has a legitimate business then there are all kinds of reporting that he has to do. He's going to get caught one day...

I used to have a small accounting practice. All my clients were small Mom & Pop business. Most ran their businesses legitimately. The ones that didn't always ended up going out of business or going broke because they would spend every last dime on themselves as soon as the money came in. They were not good business people. They couldn't build a base of customers who returned because of their shady practices. You can't grow a business if you aren't trustworthy; trying to skirt taxes says a lot about your character.

But that's different than what we are talking about. If he's not a good businessman and goes out of business--that's a separate subject.

I know what to do_sometimes · Frozen Sucks!

huskerbb wrote:
Ohfour wrote:
huskerbb wrote:
I know what to do_sometimes wrote:
Does this guy realize that very people he is paying under the table could turn him in an he would be on the hook to pay all the back taxes, plus all the legalities he would face??? Their request to be paid under the table can be a set up for extortion.
Again, to you send a 1099 to your occasional baby-sitter? What if you throw $20 to a neighbor kid to mow your lawn? Does he get one?
Do you seriously even think that all cash tips get reported?
This is a non-issue. If he gets caught, he gets caught. More than likely, he won't.
No, but I'm not a business. If he has a legitimate business then there are all kinds of reporting that he has to do. He's going to get caught one day...
So what? If you are paying anyone in cash and they are not reporting it, you are doing what he is.

Not true Husker. The occasional teen age babysitter is specifically excluded from the tax laws. They are not considered a household employee. If someone babysits while a parent works on a regular basis, then yes, that person does have to report the income. As for tips not being reported, that is not up to the consumer to do anything about, that is up to the individual and restaurant owner to claim the tips. Your way of thinking would have parents having to report any allowance money they give their kids.

I know what to do_sometimes · Frozen Sucks!

huskerbb wrote:
I know what to do_sometimes wrote:
Ohfour wrote:
huskerbb wrote:
I know what to do_sometimes wrote:
Does this guy realize that very people he is paying under the table could turn him in an he would be on the hook to pay all the back taxes, plus all the legalities he would face??? Their request to be paid under the table can be a set up for extortion.
Again, to you send a 1099 to your occasional baby-sitter? What if you throw $20 to a neighbor kid to mow your lawn? Does he get one?
Do you seriously even think that all cash tips get reported?
This is a non-issue. If he gets caught, he gets caught. More than likely, he won't.
No, but I'm not a business. If he has a legitimate business then there are all kinds of reporting that he has to do. He's going to get caught one day...

I used to have a small accounting practice. All my clients were small Mom & Pop business. Most ran their businesses legitimately. The ones that didn't always ended up going out of business or going broke because they would spend every last dime on themselves as soon as the money came in. They were not good business people. They couldn't build a base of customers who returned because of their shady practices. You can't grow a business if you aren't trustworthy; trying to skirt taxes says a lot about your character.
But that's different than what we are talking about. If he's not a good businessman and goes out of business--that's a separate subject.

LOl, Husker I was describing typical business practices of people who pay under the table. They are not trustworthy. The GF should get away from him.

huskerbb · Guru

I know what to do_sometimes wrote:
huskerbb wrote:
Ohfour wrote:
huskerbb wrote:
I know what to do_sometimes wrote:
Does this guy realize that very people he is paying under the table could turn him in an he would be on the hook to pay all the back taxes, plus all the legalities he would face??? Their request to be paid under the table can be a set up for extortion.
Again, to you send a 1099 to your occasional baby-sitter? What if you throw $20 to a neighbor kid to mow your lawn? Does he get one?
Do you seriously even think that all cash tips get reported?
This is a non-issue. If he gets caught, he gets caught. More than likely, he won't.
No, but I'm not a business. If he has a legitimate business then there are all kinds of reporting that he has to do. He's going to get caught one day...
So what? If you are paying anyone in cash and they are not reporting it, you are doing what he is.
Not true Husker. The occasional teen age babysitter is specifically excluded from the tax laws. They are not considered a household employee. If someone babysits while a parent works on a regular basis, then yes, that person does have to report the income. As for tips not being reported, that is not up to the consumer to do anything about, that is up to the individual and restaurant owner to claim the tips. Your way of thinking would have parents having to report any allowance money they give their kids.

All in income is supposed to be reportrd.

Ohfour · Hooker

huskerbb wrote:
I know what to do_sometimes wrote:
huskerbb wrote:
Ohfour wrote:
huskerbb wrote:
I know what to do_sometimes wrote:
Does this guy realize that very people he is paying under the table could turn him in an he would be on the hook to pay all the back taxes, plus all the legalities he would face??? Their request to be paid under the table can be a set up for extortion.
Again, to you send a 1099 to your occasional baby-sitter? What if you throw $20 to a neighbor kid to mow your lawn? Does he get one?
Do you seriously even think that all cash tips get reported?
This is a non-issue. If he gets caught, he gets caught. More than likely, he won't.
No, but I'm not a business. If he has a legitimate business then there are all kinds of reporting that he has to do. He's going to get caught one day...
So what? If you are paying anyone in cash and they are not reporting it, you are doing what he is.
Not true Husker. The occasional teen age babysitter is specifically excluded from the tax laws. They are not considered a household employee. If someone babysits while a parent works on a regular basis, then yes, that person does have to report the income. As for tips not being reported, that is not up to the consumer to do anything about, that is up to the individual and restaurant owner to claim the tips. Your way of thinking would have parents having to report any allowance money they give their kids.
All in income is supposed to be reportrd.

Wrong.....

When determining whether you need to file a return, you don't include tax-exempt income. In 2015 for example, if you are under age 65 and single, you must file a tax return if you earn $10,300 or more, which is the sum of the 2015 standard deduction for a single taxpayer plus one exemption.

Ohfour · Hooker

How much income do I have to make before I’m required to file taxes?

It depends on your gross income. For 2014, you must file a return if your gross income was at least:
•Single filing status: •$10,150 if under age 65
•$11,700 if age 65 or older

•Married filing jointly: •$20,300 if both spouses under age 65
•$21,500 if one spouse under age 65 and one age 65 or older
•$22,700 if both spouses age 65 or older

•Married filing separately -- $3,950 for all ages
•Head of household: •$13,050 if under age 65
•$14,600 if age 65 or older

•Qualifying widow(er) with dependent child: •$16,350 if under age 65
•$16,850 if age 65 or older

www.hrblock.com/tax-answers/services/jsp/article.jsp

huskerbb · Guru

Ohfour wrote:
huskerbb wrote:
I know what to do_sometimes wrote:
huskerbb wrote:
Ohfour wrote:
huskerbb wrote:
I know what to do_sometimes wrote:
Does this guy realize that very people he is paying under the table could turn him in an he would be on the hook to pay all the back taxes, plus all the legalities he would face??? Their request to be paid under the table can be a set up for extortion.
Again, to you send a 1099 to your occasional baby-sitter? What if you throw $20 to a neighbor kid to mow your lawn? Does he get one?
Do you seriously even think that all cash tips get reported?
This is a non-issue. If he gets caught, he gets caught. More than likely, he won't.
No, but I'm not a business. If he has a legitimate business then there are all kinds of reporting that he has to do. He's going to get caught one day...
So what? If you are paying anyone in cash and they are not reporting it, you are doing what he is.
Not true Husker. The occasional teen age babysitter is specifically excluded from the tax laws. They are not considered a household employee. If someone babysits while a parent works on a regular basis, then yes, that person does have to report the income. As for tips not being reported, that is not up to the consumer to do anything about, that is up to the individual and restaurant owner to claim the tips. Your way of thinking would have parents having to report any allowance money they give their kids.
All in income is supposed to be reportrd.
Wrong.....

When determining whether you need to file a return, you don't include tax-exempt income. In 2015 for example, if you are under age 65 and single, you must file a tax return if you earn $10,300 or more, which is the sum of the 2015 standard deduction for a single taxpayer plus one exemption.

Duh.

thats a good point, thOugh. We don't know that these people meet the income threshold. For all she knows, they don't.

huskerbb · Guru

Also, if you are paying them, you don't know they don't meet the threshold. You might be paying the kid who mows your lawn $500, below the threshold, but it becomes reportable if he has 20 people paying him that much. You don't know.

I know what to do_sometimes · Frozen Sucks!

huskerbb wrote:
Also, if you are paying them, you don't know they don't meet the threshold. You might be paying the kid who mows your lawn $500, below the threshold, but it becomes reportable if he has 20 people paying him that much. You don't know.

LOL, again, the $600 ceiling is from a single payer. That single payer does not have to consider any other income the kid may be earning. It's THE LAW.

huskerbb · Guru

I know what to do_sometimes wrote:
huskerbb wrote:
Also, if you are paying them, you don't know they don't meet the threshold. You might be paying the kid who mows your lawn $500, below the threshold, but it becomes reportable if he has 20 people paying him that much. You don't know.
LOL, again, the $600 ceiling is from a single payer. That single payer does not have to consider any other income the kid may be earning. It's THE LAW.

Fine. $600 instead of $500 then. you still aren't sending that 1099 if it's $1,000. Plus, you don't know this guy is paying them more than that, either.

I know what to do_sometimes · Frozen Sucks!

huskerbb wrote:
I know what to do_sometimes wrote:
huskerbb wrote:
Also, if you are paying them, you don't know they don't meet the threshold. You might be paying the kid who mows your lawn $500, below the threshold, but it becomes reportable if he has 20 people paying him that much. You don't know.
LOL, again, the $600 ceiling is from a single payer. That single payer does not have to consider any other income the kid may be earning. It's THE LAW.
Fine. $600 instead of $500 then. you still aren't sending that 1099 if it's $1,000. Plus, you don't know this guy is paying them more than that, either.

I think someone confessing to their GF that they pay someone under the table means he knows he is breaking the law meaning he is paying them above the threshold for non reporting.

Ohfour · Hooker

The only reason they would be paid under the table is if they are avoiding taxes or if they are illegal.

A business has a duty (by law) to make W-2s. If they employee falls short of the minimum to pay taxes, then they do not have to report it.

But a business, by law, must report all wages.

And guess what, my husband gets about 20 1099s for less than $1000.00 every year. And so do his buddies...

huskerbb · Guru

I know what to do_sometimes wrote:
huskerbb wrote:
I know what to do_sometimes wrote:
huskerbb wrote:
Also, if you are paying them, you don't know they don't meet the threshold. You might be paying the kid who mows your lawn $500, below the threshold, but it becomes reportable if he has 20 people paying him that much. You don't know.
LOL, again, the $600 ceiling is from a single payer. That single payer does not have to consider any other income the kid may be earning. It's THE LAW.
Fine. $600 instead of $500 then. you still aren't sending that 1099 if it's $1,000. Plus, you don't know this guy is paying them more than that, either.
I think someone confessing to their GF that they pay someone under the table means he knows he is breaking the law meaning he is paying them above the threshold for non reporting.

where do you get that he "confessed"?

huskerbb · Guru

Ohfour wrote:
The only reason they would be paid under the table is if they are avoiding taxes or if they are illegal.

A business has a duty (by law) to make W-2s. If they employee falls short of the minimum to pay taxes, then they do not have to report it.

But a business, by law, must report all wages.

And guess what, my husband gets about 20 1099s for less than $1000.00 every year. And so do his buddies...

For what? My wife never got a 1099 when she had her band. They usually just took cash out of the till.

Ohfour · Hooker

huskerbb wrote:
Ohfour wrote:
The only reason they would be paid under the table is if they are avoiding taxes or if they are illegal.

A business has a duty (by law) to make W-2s. If they employee falls short of the minimum to pay taxes, then they do not have to report it.

But a business, by law, must report all wages.

And guess what, my husband gets about 20 1099s for less than $1000.00 every year. And so do his buddies...
For what? My wife never got a 1099 when she had her band. They usually just took cash out of the till.

My husband is not in a bar band...

I know what to do_sometimes · Frozen Sucks!

huskerbb wrote:
Ohfour wrote:
The only reason they would be paid under the table is if they are avoiding taxes or if they are illegal.

A business has a duty (by law) to make W-2s. If they employee falls short of the minimum to pay taxes, then they do not have to report it.

But a business, by law, must report all wages.

And guess what, my husband gets about 20 1099s for less than $1000.00 every year. And so do his buddies...
For what? My wife never got a 1099 when she had her band. They usually just took cash out of the till.

Ahh so you are saying your wife is a tax cheat, and you too if you file joint returns. You should change your moniker to "I'm not arguing, I'm just explaining my ignorance"

-- Edited by I know what to do_sometimes on Friday 30th of October 2015 05:39:07 PM

huskerbb · Guru

I know what to do_sometimes wrote:
huskerbb wrote:
Ohfour wrote:
The only reason they would be paid under the table is if they are avoiding taxes or if they are illegal.

A business has a duty (by law) to make W-2s. If they employee falls short of the minimum to pay taxes, then they do not have to report it.

But a business, by law, must report all wages.

And guess what, my husband gets about 20 1099s for less than $1000.00 every year. And so do his buddies...
For what? My wife never got a 1099 when she had her band. They usually just took cash out of the till.
Ahh so you are saying your wife is a tax cheat, and you too if you file joint returns. You should change your moniker to "I'm not arguing, I'm just explaining my ignorance"

-- Edited by I know what to do_sometimes on Friday 30th of October 2015 05:39:07 PM

I'm not going to pay more than I absolutely have to. That isn't ignorant--that is smart.

huskerbb · Guru

Ohfour wrote:
huskerbb wrote:
Ohfour wrote:
The only reason they would be paid under the table is if they are avoiding taxes or if they are illegal.

A business has a duty (by law) to make W-2s. If they employee falls short of the minimum to pay taxes, then they do not have to report it.

But a business, by law, must report all wages.

And guess what, my husband gets about 20 1099s for less than $1000.00 every year. And so do his buddies...
For what? My wife never got a 1099 when she had her band. They usually just took cash out of the till.
My husband is not in a bar band...

Then why isn't he getting paid more?

I know what to do_sometimes · Frozen Sucks!

IKWTS 9; Husker 0

Ohfour · Hooker

His local bands minimum is 5K. Minimum. That's for weddings. Corporate events are 10k or more. His regular gigs? Hundreds of thousands of dollars...

I know what to do_sometimes · Frozen Sucks!

Ohfour wrote:
His local bands minimum is 5K. Minimum. That's for weddings. Corporate events are 10k or more. His regular gigs? Hundreds of thousands of dollars...

Give it up Honey, Husker just doesn't get it. I do though! biggrin

Ohfour · Hooker

I know what to do_sometimes wrote:
Ohfour wrote:
His local bands minimum is 5K. Minimum. That's for weddings. Corporate events are 10k or more. His regular gigs? Hundreds of thousands of dollars...
Give it up Honey, Husker just doesn't get it. I do though!

I know you do doll!!!

I know what to do_sometimes · Frozen Sucks!

Ohfour wrote:
I know what to do_sometimes wrote:
Ohfour wrote:
His local bands minimum is 5K. Minimum. That's for weddings. Corporate events are 10k or more. His regular gigs? Hundreds of thousands of dollars...
Give it up Honey, Husker just doesn't get it. I do though!
I know you do doll!!!

Lawyerlady · On the bright side...... Christmas is coming! (Mod)

huskerbb wrote:
I know what to do_sometimes wrote:
Does this guy realize that very people he is paying under the table could turn him in an he would be on the hook to pay all the back taxes, plus all the legalities he would face??? Their request to be paid under the table can be a set up for extortion.
Again, to you send a 1099 to your occasional baby-sitter? What if you throw $20 to a neighbor kid to mow your lawn? Does he get one?
Do you seriously even think that all cash tips get reported?
This is a non-issue. If he gets caught, he gets caught. More than likely, he won't.

You do not have to send anyone a 1099 unless you pay them over $600.

Many places have special laws in place for casual day labor.

Lawyerlady · On the bright side...... Christmas is coming! (Mod)

Ohfour wrote:
huskerbb wrote:
Ohfour wrote:
The only reason they would be paid under the table is if they are avoiding taxes or if they are illegal.

A business has a duty (by law) to make W-2s. If they employee falls short of the minimum to pay taxes, then they do not have to report it.

But a business, by law, must report all wages.

And guess what, my husband gets about 20 1099s for less than $1000.00 every year. And so do his buddies...
For what? My wife never got a 1099 when she had her band. They usually just took cash out of the till.
My husband is not in a bar band...

A bar band! Bwaahaaahaaahaaa! That's hilarious.

Lawyerlady · On the bright side...... Christmas is coming! (Mod)

Here you go!

File Form 1099-MISC, Miscellaneous Income, for each person to whom you have paid during the year:

At least $10 in royalties (see the instructions for box 2) or broker payments in lieu of dividends or tax-exempt interest (see the instructions for box 8);

At least $600 in:

rents (box 1);

services performed by someone who is not your employee (including parts and materials), box 7;

prizes and awards (see instructions for boxes 3 and 7;

other income payments (box 3);

medical and health care payments (box 6);

crop insurance proceeds (box 10);

cash payments for fish (or other aquatic life) you purchase from anyone engaged in the trade or business of catching fish (box 7);

generally, the cash paid from a notional principal contract to an individual, partnership, or estate (box 7);

Payments to an attorney. See Payments to attorneys, later; or

Any fishing boat proceeds (box 5).

In addition, use Form 1099-MISC to report that you made direct sales of at least $5,000 of consumer products to a buyer for resale anywhere other than a permanent retail establishment (box 9).

You must also file Form 1099-MISC for each person from whom you have withheld any federal income tax (report in box 4) under the backup withholding rules regardless of the amount of the payment.

Lawyerlady · On the bright side...... Christmas is coming! (Mod)

I KNOW I don't get 1099s for a ton of that. For example, my tenants have never filed a 1099 on the rent they pay me.

ed11563 · Guru

Lawyerlady wrote:
Here you go!

File Form 1099-MISC, Miscellaneous Income, for each person to whom you have paid during the year:

At least $10 in royalties (see the instructions for box 2) or broker payments in lieu of dividends or tax-exempt interest (see the instructions for box 8);

At least $600 in:

rents (box 1);

services performed by someone who is not your employee (including parts and materials), box 7;

prizes and awards (see instructions for boxes 3 and 7;

other income payments (box 3);

medical and health care payments (box 6);

crop insurance proceeds (box 10);

cash payments for fish (or other aquatic life) you purchase from anyone engaged in the trade or business of catching fish (box 7);

generally, the cash paid from a notional principal contract to an individual, partnership, or estate (box 7);

Payments to an attorney. See Payments to attorneys, later; or

Any fishing boat proceeds (box 5).

In addition, use Form 1099-MISC to report that you made direct sales of at least $5,000 of consumer products to a buyer for resale anywhere other than a permanent retail establishment (box 9).

You must also file Form 1099-MISC for each person from whom you have withheld any federal income tax (report in box 4) under the backup withholding rules regardless of the amount of the payment.

Do I have to send a 1099 to Walmart or Costco because I buy a lot of stuff there? What if I buy fish from them?