Originally Posted by
bingunginter
They don't send you 1099 as long as the total transaction is less than $20,000 and 200 transaction.
I have used square for various small transaction up to $3000. Never received 1099. I'm planning to just charge $10,000 to meet the spending in one swipe. Any body tried this ?
Someone on FW reported getting one for lesser amount. They are required to send at those levels, but they can send at lower levels.