Paid survey question (need answers, please)

Comments: 12

Jenny D. Feb 3, 2007, 5:13pm EST

I believe you only need to report it if you made over $600 (from each individual company, not altogether). I you make over $600, the company is required to provide the 1099 to you.

I am 99% sure this is correct. Perhaps someone else can confirm?

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Tiffanie C. Feb 3, 2007, 5:15pm EST

I agree with Jenny. That is what I was gonna say.. I'm just not sure about the seperate/together part.

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Lisa M. Feb 3, 2007, 6:32pm EST

What Jenny said is also my understanding... no 1099... no report

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Sandra L. Feb 3, 2007, 7:10pm EST

I think that the above information is correct, but Paul who writes a lot of articles about taxes could probably give you a for sure answer.

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Sandra L. Feb 3, 2007, 7:18pm EST

I'm sorry. I take that back. I think it is Bob that does the tax articles.

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Janet H. Feb 4, 2007, 12:03am EST

Many of the sites say they are sending you a "gift" of $5 or whatever in appreciation for answering their survey. One doesn't have to pay taxes on a gift.

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Nanci B Feb 4, 2007, 12:08am EST

Technically, you are supposed to report ALL of the income you make unless the aggregate is less than a certain amount (and I don't know what that amount is currently). The $600 requirement applies to the payor not the payee on the assumption that once you have received more than $600 from one person, you meet the threshold for filing.

Personally, I follow the no 1099, no report method myself.

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Nanci B Feb 4, 2007, 12:09am EST

Janet, once the gift from one person passes a certain threshold (it used to be $10,000) it is taxable to the recipient.

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Borgie B . Feb 4, 2007, 12:17am EST

All income is supposed to be reported, but who does?? Do you report what you recieved for christmas (and yes...gifts need to be reported..look it up if you dont believe me!) or if someone pays for your dinner, etc.......of course not!! The IRS is not so strict as to try and track down a few dollars here and there!! And besides, how can they prove you actually received the gift cards or even used them??? Just because it was sent to some address does not mean it was received by you! or if it was used!! If the IRS would do this, Im going to send a gift card to my ex-boyfriend and then contact the IRS about someone not reporting income.... LOL!!!

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Nana to Seven Cutiepies Feb 4, 2007, 7:20pm EST

I've been doing this for about eight years now, no you don't have to report these little amounts. I agree with Nanci B.

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Tab B. Feb 4, 2007, 10:43pm EST

Thank you, all of you! I am just ready to file so we can receive our refund ASAP (impatient as usual!) and I guess I was wondering if I will receive a 1099 from any of these places and how long I should wait. I know they are supposed to be postmarked by 1/31 but sometimes it can take awhile to get from there to here. I know of one place specifically (locally) that made me fill out a W-2 so they could report that I received $10 for a study they did on my son. I have yet to receive anything from them. I guess I will wait until the end of the week and then file regardless.
Y'all are great and so very helpful.
Sandra, I will look up tax articles on here to see what else I can find out as well. Thank you for posting those comments!

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Dagmara H. Apr 30, 2008, 1:24am EDT

Sorry, I can't help you, but thanks for asking this question, I had the same problem and guys here are really helpful.

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Paid survey question (need answers, please)

Comments: 12

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