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Old 11-03-2007, 06:02 AM
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TurningColorz TurningColorz is offline
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Ok, I found my PayPal 1099 in last years taxes.
It's well over ten dollars, but thanks for reminding me of the $10 threshold, I forgot about that limit.
Nice article sweeps! I should have known the IRS was on top of it. Eventually, when they're in a position to act on it, I imagine they'll offer some kind of "Amnesty" for those who "come clean" ahead of time. I imagine the easiest thing for the feds to pick-up on would be unreported income, any more than that would require a formal audit, and some legwork.

Mike - TurningColorz
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