Originally Posted by StickyGreen

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?

Since I didn't report any income for last year, when April 2006 comes around do I report everything after Jan 1st 2005 or everything after April 15th 2005?

can someone explain how this works?