W9 Form

[horndog]

I was told it makes you responsible for paying the taxes on the money you earn with each sponser, but only if you make over $600 with that sponser.

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[Toby]

Originally Posted by horndog

...but only if you make over $600 with that sponser.

Even if it's under $600 per sponsor you still have to claim it as income, but they're not required to send you and the IRS a 1099.

Technically, I should be getting dozens of 1099's every year. But the most I've ever rec'd were three. I just track my income on a spreadsheet as the checks arrive, then double check that at the end of the year vs. the check stubs and sponsor admin.