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Payments / Re: Do we need to pay taxes???????
« on: February 15, 2011, 05:58:14 pm »Message ID: 314359Yes, you are automatically sent a 1099 Form from FusionCash if you earn more than $600 in a year, which you will need to file when doing your taxes. I received my 1099 a few weeks ago and already filed. Legally, you are supposed to report any extra earnings made during the tax year but companies like FusionCash are only required to send 1099's etc on earnings of more than $600.
Thanks for sharing your knowlege..much appreciated. I didn't know that.