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Thread: Tax crap

  1. #1
    Join Date
    Dec 2009
    Posts
    438

    Default Tax crap

    If i am paying someone for reselling services do i have to do anything "Special" other than write it in a ledger?
    iVoIP Online
    http://www.ivoiponline.net
    877-208-2049

  2. #2
    Join Date
    Dec 2009
    Posts
    438

    Default Re: Tax crap

    Like do i need to file there names and such if there reselling services
    iVoIP Online
    http://www.ivoiponline.net
    877-208-2049

  3. #3
    Join Date
    Jan 2009
    Posts
    230

    Default Re: Tax crap

    Assuming an independent contractor relationship, a 1099-misc is required to be filed if they are paid more than $600 in a year.

  4. #4
    Join Date
    Dec 2009
    Posts
    438

    Default Re: Tax crap

    so as long as they dont make over $600 i am fine?
    iVoIP Online
    http://www.ivoiponline.net
    877-208-2049

  5. #5
    Join Date
    Jan 2009
    Posts
    230

    Default Re: Tax crap

    Quote Originally Posted by computergeek7632 View Post
    so as long as they dont make over $600 i am fine?
    yes - you will be fine as long as they don't make over $599/yr to be precise. $600/yr and over is reportable.

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