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It's considered miscellaneous income. We issue you a 1099 if you win more than $600 in the calendar year
by adammoelis 6y ago
It's considered miscellaneous income. We issue you a 1099 if you win more than $600 in the calendar year
- XOPJ 6y agoDoes the monthly interest also count towards the $600 for the 1099, or do you also issue a 1099-INT for the monthly interest?
- adammoelis 6y agoThe monthly savings bonus also counts towards the $600