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How are you submitting 1099s to the IRS this year? (Balanced, YC W11)
23 points
by
jareau
over 12 years ago
3 comments
molsongolden
over 12 years ago
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If you make your large payments with a credit card you can both rack up awards and avoid the need to file a 1099-misc.
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cyan
over 12 years ago
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Is the marketplace required to issue the 1099-MISC if the threshold for the 1099-K is not met if all payments are done via credit card? I'm guessing the answer is "no" but the blog post isn't quite clear on that.
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jareau
over 12 years ago
Specifically, I'm curious how online marketplaces like Etsy, Taskrabbit, and Airbnb handle this problem.