Quote Originally Posted by Bec View Post
From what I'm reading on the net, it looks like we have to show the 1099's when we file even if they are under the $600, and pay any tax due on it of course. Otherwise the IRS will send you an "updated" tax due letter, along with possible penalty and late fees.

It might take 'em two years, but it's a "when" not an "if" they notice you didn't include the income.

:img15: I don't look so good in stripes
Yea Bec, I agree... Orange and stripes aren't really your color :nunu:

Yes, your reading is right. Anytime you receive a 1099, that means it's already been reported / will be reported to the IRS when they do their taxes, etc.

There's 3 things in life that everyone hates....
Death
1099's
Paying Fees / Being in debt.