Jan 9, 2021 #1 D DHurd Super Genius 146 I was just wondering if carriers reported what they have payed you to the IRS or not. I'm assuming they do?
I was just wondering if carriers reported what they have payed you to the IRS or not. I'm assuming they do?
Jan 9, 2021 Thread starter #3 D DHurd Super Genius 146 bmarsh said: yes, they send you a 1099 form for commissions paid Click to expand... Thanks
Jan 9, 2021 #4 B billyb Guru 1000 Post Club 2,243 Florida They send you a 1099 if they paid you over $600. I report all income whether or not I get a 1099 or not.
They send you a 1099 if they paid you over $600. I report all income whether or not I get a 1099 or not.
Jan 10, 2021 #5 marindependent Guru 1000 Post Club 2,386 Mill Valley, CA Yep if its over the "threshold" they are required to report it.