What earning miminum does Adsense, etc report tax earnings to IRS?

Discussion in 'Legal Issues' started by domainer_10, Feb 14, 2008.

  1. #1
    Im not well versed in tax law and know that after 600 a company is required in the U.S to report tax earnings. My question is, do any of these companies such as Google or Yahoo report earnings below 600 to IRS and if so is there anyway to know that? Do they have to send a 1099 to you if they did report it below 600?
     
    domainer_10, Feb 14, 2008 IP
  2. bluegrass special

    bluegrass special Peon

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    #2
    bluegrass special, Feb 15, 2008 IP
  3. domainer_10

    domainer_10 Peon

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    #3
    Thanks. I was wondering though, that for other sites, if they report under 600 and also if you don't get a 1099 at the end of the year can you assume that they didn't report you to IRS?
     
    domainer_10, Feb 15, 2008 IP
  4. bluegrass special

    bluegrass special Peon

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    #4
    If they report taxes they are required to send you a 1099.
     
    bluegrass special, Feb 15, 2008 IP