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Post by hionmentho on Jun 14, 2007 23:53:15 GMT -5
I know that Squishycash requests them about $400, and I know the law is $600, but I'd like to know this:
1. Do you have to fill out a W-9 if you EARN $600?
2. Is it that you have to physically cashout $600?
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Post by Squishlyn on Jun 15, 2007 2:13:43 GMT -5
You can earn a million dollars on SquishyCash, and as long as you NEVER cash out, we are not required to submit a W-9. You need to actually be paid by us for the W-9 to be needed. With that being said, once you've reached between $400-$500, we will request a W-9. It is much easier to request it a little early. When you have cashed out $600 or more, we submit it to the IRS.
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Post by hionmentho on Jun 15, 2007 12:10:39 GMT -5
Do rewards count towards the $600?
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Post by Squishlyn on Jun 15, 2007 16:03:31 GMT -5
No, gift cards and other prizes are separate.
Of course if you spend 100 chips for $5 added to your account balance, that'll be considered part of your earnings.
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Post by MoneyBunny on Jun 20, 2007 12:50:29 GMT -5
What about referral earnings?
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Post by Squishlyn on Jun 20, 2007 14:53:33 GMT -5
Yes, referral earnings are included in the $600 amount.
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