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Posted

I haven't got one yet but we only got $1000.00.

Don't think I need one unless it's more than a grand, cash prize.

Glen

Posted

My turn,

I received one so far, Sodus Pro-Am cut by (lake ontario charter association) I am still waiting for 3 more from different counties and overall pro cup series. I believe they have till up to march 15 maybee not sure. I can let you know when I get more.

JERRY

REBEL CHARTERS

Glenn you will receive a 1099 form on any check to your social sec. # $600 or better.

prepare to see %28------%35 going to taxes (depends on tax bracket you fall in)

THANK YOU GOVERNMENT :*:mooning::*

Posted

Jerry,

Thats good news. :(

Previous years had to pay 15% Fed. on anything over a grand so I didn't deduct taxes on the team split.

Glen :@

Posted
a 1099 must be issued for payments over $600 and they are supposed to be sent no later than Jan 31st.

Nothing here either, and they are supposed to be post marked by Jan. 31st.

Posted

Thats just the reason team LOUSERS cut there line on all the big fish .with the old adminasratation in washington we had to pay taxes or get penolized ,now you get promoted if you dont pay taxes (unless your patreotic)

Posted

I belive the Gov't extended the period to mail a 1099 until Feb 15 this year due to the economic crisis (not sure what this has to do with mailing a 1099).

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