PoshPoints

[wahm922]

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[WayOutWest]

I still have concerns about the whole tax thing (the bit we discussed where IRS says bartering & trading groups are supposed to issue 1099s to members). 

[wahm922]

As do I, and plan to bring it up to the new owners once the dust has settled over there

[cjturtle]

I'm also concerned about it.  Wonder how much it will have an effect if you are just trading for personal use?

I will have to bug our tax guy and find out what he says. 

[Southern Jewel's Fab Finds]

Already asked and got the exact answer that has been being stated. 

[cjturtle]

Wonder if we will receive a 1040 or ?

[WayOutWest]

Here's IRS page referring to bartering sites http://www.irs.gov/businesses/small/article/0,,id=113437,00.html

[WayOutWest]

And, I mistyped, was 1099 (1099B to be specific), not 1040.  Oops     Previous post edited

[cjturtle]

LOL!  I was wondering.  That's why I asked or ? 

Going to have to take the time and look at the site and see what I need to be doing.    

Thank you so much for posting the link! 

 

[WayOutWest]

welcome for link 

In my defense, the other post was posted at 7:13am *laf*

[cjturtle]

It must have been a sleepy morning because it took me a while to figure out the edit button and have it work for me.