thread Re: If I make over 20K, noticed I'll have to get 1099 from IRS. Does that include cash payment?! in Archived Discussions (Read Only)

If I make over 20K, noticed I'll have to get 1099 from IRS. Does that include cash payment?!

blingblingbrick — Tue, 19 Jul 2016 19:06:32 GMT

If I make over 20K, noticed I'll have to get 1099 from IRS. Does that include cash payment?!

Re: If I make over 20K, noticed I'll have to get 1099 from IRS. Does that include cash payment?!

Kelly — Thu, 21 Jul 2016 16:30:38 GMT

Nope! The 20K and 200 transaction minimums are applied only to credit card payments. If you're eligible for a 1099-K (your account has processed over $20,000 *and* over 200 credit card payments), your form will be available by January 31st. If you qualify to receive a 1099-K, you can download it from your Square Dashboard.

Do I get a 1099 if I earn less than$20,000

Jack1 — Wed, 07 Dec 2016 18:05:25 GMT

do I get 1099 if I earn less than $ 20,000

Re: Do I get a 1099 if I earn less than$20,000

juanita — Wed, 07 Dec 2016 20:58:38 GMT

Hi Jack,

If you are a contract laborer, you should receive a 1099 if you earned more than $600. If you are an employee, you should receive a W-2 not a 1099.

Re: Do I get a 1099 if I earn less than$20,000

Chad — Thu, 08 Dec 2016 20:42:49 GMT

@Jack1 Check out Kelly's answer above!

Re: If I make over 20K, noticed I'll have to get 1099 from IRS. Does that include cash payment?!

ScoutTroop — Wed, 06 Dec 2017 19:08:15 GMT

Can you confirm this. The documentaion I have been able to find is not clear. Thank you!