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Originally Posted by mardigras
Sooo...
This means that any sponsors you may have made $599 or less with are floating out there as unreported income with your SS# attatched to the paper trail. A little unnerving when you consider you have no idea what the company is or isn't reporting.
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Other than it's legal for the company. I may be wrong but I don't think you have to report it either, it's not considered an income until it's over $600. Or maybe you do but it doesn't go under income.. I don't know, I have a CPA do our shit.