per IRS

Posted By: jlo on 2008-02-04
In Reply to: if you made less than 600 dollars they don't legally have to claim it. - MTmom

a company has to report when paying out $600 or more to an IC, but as IC/SE you have to report anything earned $400+.
http://www.irs.gov/businesses/small/article/0,,id=115043,00.html

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1099 form? I did IC work for an MT company a few months (smsg) - me
- if you made less than 600 dollars they don't legally have to claim it. - MTmom
  - per IRS - jlo
- Has to be postmarked by 1/31 - Renee
  - What happens if they are not postmarked by - Jan31? Is law but what happens if not done?
  - I think it's more than $500, but don't quote me - LinK

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