Re: settlement accounts and restarting the 7 yr sentence
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Posted by Linda (65.120.51.45) on April 13, 2002 at 13:29:27:
In Reply to: Re: settlement accounts and restarting the 7 yr sentence posted by cherub on April 12, 2002 at 22:03:40:
Any amount over $600 and they CAN send you a 1099 - they don't have to. Why wouldn't they though? It is in their best interests to do it. If someone sends you a 1099, you have to file it, regardless of what you think it should be. Linda
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