johnpalmer: (Default)
[personal profile] johnpalmer
So... I'm almost ready to file my tax return. I'm expecting a nice chunk of money back... a bit over a thousand dollars.

(Warning: the first person who complains that I'm giving my government an interest free loan of my money for an average of six months, acting as if it's a bad thing to do a pitifully small favor for my government, will receive mock-righteous indignation if I find it amusing to do so.)

I ran into a problem, though. I don't have a 1099 for <$10 of interest on a savings account, and for an $88 401(k) cashout. (My 401(k) from Worldcom ended up getting more money from the stock manipulation settlement.)

What suddenly struck me is that, hey, maybe the IRS has a lower limit on when a 1099 is needed.

Does anyone know if this is the case? Or am I waiting for 1099s before I can file?

Date: 2007-02-03 10:44 pm (UTC)
gingicat: deep purple lilacs, some buds, some open (Default)
From: [personal profile] gingicat
1099s are only required for earnings over $600.

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