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<p>[QUOTE=&quot;fatima, post: 1106375, member: 22143&quot;]Vague references to the tax code is not a defense for what you stated which was that individuals don&#039;t need to be concerned about the 1099 mandate.&nbsp;&nbsp; This is incorrect and it was explained above in clear terms.&nbsp;&nbsp; If you provide any service or good to a business that is $600+, then the new law requires them to issue a 1099 to the vendor they paid for the good or service.&nbsp; It does not matter if this vendor was a private individual, a small business or a corporation.&nbsp;&nbsp; This includes the sale of $600+ coins.&nbsp; You can&#039;t get out of by simply stating I did this as a private individual.[/QUOTE]</p><p><br /></p>

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