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TerryH TerryH is offline
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Join Date: Jan 2004
Location: Whittier, CA
Posts: 3,470
Garage
It's my understanding that if anyone pays you more than $600-$700 per year, they have to file a 1099 with the IRS. So if they send off a 1099, it was be wise to claim the income to avoid penalties later.

I get about 20 1099's each year from my repeat customers.

You could call the IRS and see about the rental laws in your state.
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Last edited by TerryH; 04-01-2008 at 01:08 PM..
Old 04-01-2008, 12:47 PM
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