I'm a current college student in the Dallas/Fort Worth area, who is looking to gain some extra income, due to current my unfavorable employment situation. I recently set up a dedicated blog and signed up for Amazon's affiliate program, because I thought it might be a good place to start (more specifically, I'm selling books, because I'm a fairly avid reader and have a wide range of interests when it comes to topics).
Unfortunately, I do seem to be facing one rather large hurdle: Amazon is asking me to sign off on an IRS 1099 form. Biggest problem for me here is, I haven't been employed for a long while, and the last time I was, I was only 17 (I'm now 26), so, obviously, I didn't do my own taxes then.
So, with that in mind, I figured it would be wise to get some advice before I possibly find myself in a sticky situation. So, with all this in mind, what is it that I need to worry about most?