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By: gogoWes
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post Feb 6 2012, 06:51 PM
Post #21
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islaygirl


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thx for the update, Alan! that way we can keep an eye out so it doesn't get lost in the junk mail pile.wink.gif


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post Feb 7 2012, 11:57 AM
Post #22
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QUOTE (Trainn-Alan @ Feb 6 2012, 04:53 PM) *
They were issued on Tuesday so they should've begun arriving on Thursday, depending on your location.

Alan



Thank you!


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post Feb 11 2012, 11:00 PM
Post #23
100% Support, Top Pay & Great Bonuses!
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Has everyone else or anyone else received theirs? It's been over a week and mine never showed up, but our mailman is a 'tard, so I can't say I'm surprised. lol


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post Feb 12 2012, 10:46 PM
Post #24
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Keli


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I still have not received mine yet....


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post Feb 13 2012, 04:08 AM
Post #25
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Not me....


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post Feb 13 2012, 11:07 AM
Post #26
1 million A4F points for $25
Realwood70


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Filed our taxes last week. I just went through my paypal and went by the Trainn payments for 2011. I gave that info to the accountant and it was fine. Good Luck everyone. 1271994012-useremo.gif


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post Feb 13 2012, 02:25 PM
Post #27
Let me show you the "GREEN" and help you to success :)
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yeah, should be easy to figure out how much trainn paid you last year

also I heard that paypal is now sending some form called 1099 K...does that apply to trainn as well?


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post Feb 13 2012, 04:27 PM
Post #28
Under the influence of Happiness ~ aka alcohol
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from what I've read....

Anything paid by a third party, the third party is responsible for reporting the payments made. through a new form called a 1099 K.

Paypal and credit card are prime example of third party entities. I've seen the 1099K and it just reports how much was paid to you each month and the total. So I presume that this applies to trainn as well as any freebie site.

The requirements for these entities to send one, (again from what I've read) is $20,000 or more in payments.. AND 200 payments or more.

So therefore, there will be lots of people who will not get this 1099K.

biggrin.gif

And of course, if you report your income on your own and you know how much you've been paid, a 1099 is not necessary for you to do your income tax return.

biggrin.gif

~~~~~~~

Here is the IRS link

http://www.irs.gov/businesses/article/0%2c...tml?portlet=104

New 1099-K Reporting Requirements for Payment Settlement Entities


Beginning in January, 2012, payment settlement entities (PSEs) are required by the Housing Assistance Tax Act of 2008 to report on Form 1099-K the following transactions:

All payments made in settlement of payment card transactions (e.g., credit card);
Payments in settlement of third party network transactions IF:
-Gross payments to a participating payee exceed $20,000; AND
-There are more than 200 transactions with the participating payee.


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