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Originally posted by Ohioref3
And on top of that I received a 1099 and had to pay taxes at the end of the year on the $5000 that I had made. Any other thoughts on this matter?
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I also worked a bunch of summer leagues and tournaments and was paid cash at the site even though the games were assigned through my association. I also liked the idea that I was not taxed at the end of the year because I didn't make enough money at that school to get taxed.
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Whether you get a 1099 or not, the money is income and IRS regulations require it to be declared as such.