View Single Post
  #35 (permalink)  
Old Mon Jul 07, 2008, 02:51pm
BigUmp56 BigUmp56 is offline
Official Forum Member
 
Join Date: Jul 2005
Location: South Bend, In.
Posts: 2,192
Send a message via AIM to BigUmp56 Send a message via Yahoo to BigUmp56
Quote:
Originally Posted by RichMSN
Tim,

As Bob said, the assignor or whoever is paying issues the 1099. I filed before receiving a 1099 last year, but it was no big deal because all the income was included on my return, 1099 or no 1099. ALL income is taxable.

--Rich

Thanks, guys. I work enough in several leagues and through my association that I'm always over the $600 and have to fill out a 1099 anyway. But there are a lot of guys I know who think they're clear from reporting this income if it doesn't exceed $600 from any given league. I'll have to "coach" them up a bit.


Tim.
Reply With Quote