Upload & Sell: On
| p.1 #4 · Done with Amazon Payments |
First, the reporting to the IRS started in 2011, so to some extent, this is old news.
Second, Amazon's requirement for furnishing your tax ID info is not the same as the reporting requirement. Amazon is only required to file a 1099 with the IRS if your transactions exceed the limits in your post. Personally, I think you're lucky. In my consulting work, I've received 1099's for a couple hundred dollars.
I think you missed the point. Of course it is old news. Paypal has been chasing people for a year now. What is not old news is Amazon having their own requirement that they don't give a shit what the government requirement is they want a Tax id anyway. Your making consulting income and having to pay taxes has nothing to do with me or anyone else selling each other a lens.