3 ms·
which an information return to IRS will be required if the $600 aggregate payment threshold is met in a tax year for any one payee What was the minimum amount
by sev 16y ago
which an information return to IRS will be required if the $600 aggregate payment threshold is met in a tax year for any one payee
What was the minimum amount to be exceeded where a 1099 was needed before this law passed? I've received 1099s for work done around $2000 in 1 year.
- ars 16y agoThe dollar amount didn't change. What changed is that now corporations need to be sent 1099's, while before they didn't.