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<p>[QUOTE="Treashunt, post: 1018880, member: 6763"]Mike</p><p><br /></p><p>You said: 'Section 6041 of the IRS code mandates the issuance of a 1099 for wages. I get several every year. If I sell more than $600 of articles to any one publisher, they send me a 1099. If I sell less, that all gets itemized and entered under "Other Income not Reported." Now the new law 2012, includes all goods and services, not just wages.'</p><p><br /></p><p>actually, very incorrect.</p><p><br /></p><p>The W-2 form is used for wages.</p><p>The 1099 Miscl is for non-employee compensation, the law is very careful about that.</p><p>for example: Consultants are 1099'd, but anyone who is deemed an employee had better get a form W-2.</p><p>Or the Board of Labor & the IRS will be after you.[/QUOTE]</p><p><br /></p>
[QUOTE="Treashunt, post: 1018880, member: 6763"]Mike You said: 'Section 6041 of the IRS code mandates the issuance of a 1099 for wages. I get several every year. If I sell more than $600 of articles to any one publisher, they send me a 1099. If I sell less, that all gets itemized and entered under "Other Income not Reported." Now the new law 2012, includes all goods and services, not just wages.' actually, very incorrect. The W-2 form is used for wages. The 1099 Miscl is for non-employee compensation, the law is very careful about that. for example: Consultants are 1099'd, but anyone who is deemed an employee had better get a form W-2. Or the Board of Labor & the IRS will be after you.[/QUOTE]
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