Big brother targeting the little guy...again

[lonestarbandit]

Was six hundred bucks for decades. Annoyed me that they would not index it. Having to issue a 1099 for the kid that mows the lawn in summer just seemed silly. Indexing for inflation, from 1985 to today would boost $600 to $1750. At least I wouldn't have to do it for getting the lawn mowed.

73

Yes. I dont disagree with you on indexing for inflation. What I was referencing however was the 600.00 limit triggering the 1099 on electronic fund transfer apps.

 

[Crawdad7]

Cancelled- https://americasvoice.news/justthen...er-tax-reporting-year-after-democrats-pushed/

 

[snippits75]

SOS when the blue is running the country...tax and spend.