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As a company, you don't have to report payments to a freelancer under $600 [0] [0] https://www.irs.gov/businesses/small-businesses-self-employed/reporting-paym

by sly010 5y ago

As a company, you don't have to report payments to a freelancer under $600 [0] [0] https://www.irs.gov/businesses/small-businesses-self-employed/reporting-payments-to-independent-contractors https://www.irs.gov/businesses/small-businesses-self-employe... edit: added source

fridif 5y ago
However the IRS states all income above $10 "must" be reported by the recipient.
- whofw 5y ago
  You can self report that via other means, you don’t necessarily have to receive a 1099
  - fridif 5y ago
    Agreed, just saying that it wouldn't be tax free income.