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Old Dec 18, 2011 | 7:13 pm
  #91  
freezone
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Join Date: Apr 2011
Posts: 196
Originally Posted by Astrophsx
The IRS requests a 1099 for anyone with 200 transactions and $20k, but it's up to Amazon if they give a 1099 for anyone under that.
I recently got an email from Amazon also about having to provide them with my SS# or not being able to sent/receive funds next year. I had orginally thought about the whole 1099 thing and maybe not worth the extra reported income leading to more taxes. But if the above limits are true then I guess I will send them the info and keep the account alive as it would be difficult for someone like me to go above the amounts posted in a given year (I assume the above is for a calender year and not a lifetime thing)
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