Timeline for Splitting Hackathon Prize Money to minimize tax debt
Current License: CC BY-SA 3.0
4 events
when toggle format | what | by | license | comment | |
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Apr 21, 2016 at 16:10 | comment | added | littleadv | @BenMiller or wants a paper trail... | |
Apr 21, 2016 at 10:34 | comment | added | Ben Miller | @littleadv Since he is below the $600 threshold, he should only file 1099-MISC for 2015 if he enjoys extra paperwork, hates his friends, and wants extra attention from the IRS. | |
Apr 21, 2016 at 5:28 | comment | added | littleadv | +1 perfectly reasonable answer for a change. How did you hack CQM's account? I'd add that the OP can send 1099-MISC downstream to the recipients even though the amount is below the $600 threshold. | |
Apr 21, 2016 at 0:41 | history | answered | CQM | CC BY-SA 3.0 |