1099's and the under $600 rule...
Ok, so if you make less than $600 with one company then you do not need to report that money to the irs. But lets say for example, that you made exactly $500 with 10 different companies which would be a total of $5,000 revenue. Under this rule is it safe to say that the person in this example does not have to report any of the $5,000 since each portion of the total was under $600 with different companies?
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