Originally Posted by
rbtower2
Ok thanks for all the info, i wish they would tell you ahead of time. I would have never thought about having to pay taxes on something like that. Im glad I come on these forums. How much did you have to pay? Is it based on sales tax in Florida? (course is in Jacksonville)
It won't be based on sales tax in Jacksonville. A 1099 form is issued when you have received something of value or compensation without federal/state income taxes being deducted.
The cash for clunkers program comes to mind.