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2011 GOLD high $1,500.00, SILVER high $24.00
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<p>[QUOTE="fretboard, post: 1016110, member: 19765"]I know when you win money and the total is over $1500 the casino gives you or sends you a 1099 and you submit that with your tax returns. I would guess there are a couple different 1099's. The bottom line is that the IRS has the information and you have to pay taxes for what is reported. It's fairly obvious that if ebay is sending all sellers 1099's in 2012 who sell over $1500 then they will be reporting information for you and the information has to correspond with your taxes claimed. I don't know what 1099's you are familiar with but you may want to research instead of just thinking because you're not concerned with it then it's not important to others.[/QUOTE]</p><p><br /></p>
[QUOTE="fretboard, post: 1016110, member: 19765"]I know when you win money and the total is over $1500 the casino gives you or sends you a 1099 and you submit that with your tax returns. I would guess there are a couple different 1099's. The bottom line is that the IRS has the information and you have to pay taxes for what is reported. It's fairly obvious that if ebay is sending all sellers 1099's in 2012 who sell over $1500 then they will be reporting information for you and the information has to correspond with your taxes claimed. I don't know what 1099's you are familiar with but you may want to research instead of just thinking because you're not concerned with it then it's not important to others.[/QUOTE]
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