Originally Posted by
IamHydro
I got an email requesting that I fill out a submit an IRS W-9 form.
The email wasn't specific, but listed a bunch of survey organizations, which I suspect in my case was e-rewards.
Has anyone received this?
Obviously one should comply with income tax laws. However, I question how they determined I exceeded the $500 threshold, and the "value" they assigned to hotel and air points.
Curious of the takes of others on this, the ramifications of not submitting a form, and so forth.
I've been doing e-rewards for years, and this is the first time I've received this request. My guess is that it has something to do with Dynata taking over e-rewards. Here's the text of the email I received:
Our records show that you received $500 or more in payments from Dynata in 2020, through the redemption of points or dollars or otherwise from Dynata’s survey panels (such as e-Rewards, Valued Opinions, QuickThoughts, OpinionWorld, OpinionOutpost, Vindale, OneOpinion) or from a focus group study hosted by Dynata. We need you to send us a completed IRS W-9 form, which can be accessed here.
Please complete the form, and include any email address associated with your panel memberships on the form.
Why are we asking for this?
• Your W-9 is needed to report payments of $600 or more to the IRS on Form 1099-Misc.
• You will receive the 1099-Misc in late January or early February of 2021.