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<p>[QUOTE=&quot;JustHad2, post: 2168165, member: 74491&quot;]If you sell $50k in one year and only have 199 transactions then no, the provider of the &quot;Merchant Account&quot; does not have the requirement to report it to the IRS, HOWEVER you still have the duty to report your income regardless. Whether you choose to or not is entirely on your conscience. </p><p><br /></p><p>I will add that on a whimsical note, in that previous mentioned IRS Publication 525 it does state - get ready for this:</p><p><br /></p><p>&quot;<b>Bribes.</b> If you receive a bribe, include it in your income.&quot;&nbsp;&nbsp; <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie11" alt=":rolleyes:" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>

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