[ale] [ot] Contract work

[Jim Kinney]

And the amount was raised before a 1099 is triggered some years back. It
a few thousand now. So if the job paid less than the amount that
requires a 1099, they don't have to file one or send it to you. It's a
great loophole to pay various family members as subcontractors and not
have to report it.

On Mon, 2014-12-29 at 12:24 -0500, Greg Clifton wrote:
> Chuck,
> 
> 
> You send them an invoice, they pay you and [are supposed to] send you
> the 1099 (which is the self-employed equivalent of a W2 form). If they
> don't and you report the income on your taxes, they are the ones in
> trouble, not you.
> 
> 
> Best,
> Greg
> 
> On Mon, Dec 29, 2014 at 11:57 AM, Chuck Payne <terrorpup at gmail.com>
> wrote:
>         Guys, 
>         
>         
>         I did some work for a friend and now I need to do a 1099 to
>         get pay. what do I need to send them? Do I need to download a
>         1099 pdf fill it out and sent it to them?
>         
>         -- 
>         Terror PUP a.k.a
>         Chuck "PUP" Payne
>          
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