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<p>[QUOTE=&quot;justafarmer, post: 937596, member: 3926&quot;]Here is the current tax code concerning 1099-misc</p><p><br /></p><p>Sec. 6041A. Returns regarding payments of remuneration for services and direct sales </p><p>TITLE 26, Subtitle F, CHAPTER 61, Subchapter A, PART III, Subpart B, Sec. 6041A. </p><p>STATUTE</p><p>(a) Returns regarding remuneration for services </p><p>If - </p><p>(1) any service-recipient engaged in a trade or business pays in the course of such trade or business during any calendar year remuneration to any person for services performed by such person, and </p><p>(2) the aggregate of such remuneration paid to such person during such calendar year is $600 or more, then the service-recipient shall make a return, according to the forms or regulations prescribed by the Secretary, setting forth the aggregate amount of such payments and the name and address of the recipient of such payments. For purposes of the preceding sentence, the term &quot;service-recipient&quot; means the person for whom the service is performed. </p><p>(b) Direct sales of $5,000 or more </p><p>(1) In general </p><p>If - </p><p>(A) any person engaged in a trade or business in the course of such trade or business during any calendar year sells consumer products to any buyer on a buy-sell basis, a deposit-commission basis, or any similar basis which the Secretary prescribes by regulations, for resale (by the buyer or any other person) in the home or otherwise than in a permanent retail establishment, and </p><p>(B) the aggregate amount of the sales to such buyer during such calendar year is $5,000 or more, then such person shall make a return, according to the forms or regulations prescribed by the Secretary, setting forth the name and address of the buyer to whom such sales are made. </p><p>(2) Definitions </p><p>For purposes of paragraph (1) - </p><p>(A) Buy-sell basis </p><p>A transaction is on a buy-sell basis if the buyer performing the services is entitled to retain part or all of the difference between the price at which the buyer purchases the product and the price at which the buyer sells the product as part or all of the buyer&#039;s remuneration for the services, and </p><p>(B) Deposit-commission basis </p><p>A transaction is on a deposit-commission basis if the buyer performing the services is entitled to retain part or all of a purchase deposit paid by the consumer in connection with the transaction as part or all of the buyer&#039;s remuneration for the services.[/QUOTE]</p><p><br /></p>

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