1099

Horace Greeley hgreeley@stanford.edu
Tue, 17 Jan 2006 17:50:29 -0800


At 05:43 PM 1/17/2006, you wrote:
>If, for example, you receive a spiff from a manufacturer for the 
>sale of a piano (actually a split commission or commission plus 
>premium) or if you perform warranty work for which the manufacturer 
>pays you directly, you should (but may not) receive a 1099.

...and...technically, you should receive a 1099 if you receive 
payment (of any kind) "in kind".  $600 per year is still the lower 
limit, though, and you may slide through if the total of payments 
and/or gifts remains under that level from any single source.

Best.

Horace


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