And remember in 2012, all good and services.. including purchases from stores like Best Buy.
Buy $601 in computer equipment from Best Buy in 2012 and you need to 1099 them. So now, you will have to get Tax ID number from all business you deal with. -----Original Message----- From: Scott Raley [mailto:[email protected]] Sent: Wednesday, December 22, 2010 8:12 AM To: cf-community Subject: Re: 1099 for $150?? i've been told under $499 doesn't need to be reported. At $500 goes on IRS paperwork. On Wed, Dec 22, 2010 at 11:08 AM, Tony <[email protected]> wrote: > > hey guys and gals. > > does it make sense to submit a w-9 to a vendor for $150 of work in > 2009? isnt there some sort of "too small" for 1099? > > thanks > tw > > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Order the Adobe Coldfusion Anthology now! http://www.amazon.com/Adobe-Coldfusion-Anthology/dp/1430272155/?tag=houseoffusion Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:332820 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/groups/cf-community/unsubscribe.cfm
