jill, that is true, If you make $600 in a year they are required to send a 1099, and it MUST be postmarked by the 31st of Jan Too bad that most of the sponsors dont understand that. The first 1 I got last year was postmarked about the 15th of Feb last year..
This year I am consulting with a CPA to make sure everything is good since I made about 3-4X as much this year as I did last year
If you dont hit the $600 mark, they are not required to send a 1099, and they wont. That is fine, and if they did I would be totally surprised. You are still required to claim the income though. And they report it...
Balljoints