I took a look and haven’t seen much info on this topic, and I am trying to find out what I should expect from OhmConnect when all my tax documents start showing up in the mail.
Is the 1099 amount calculated on every single cash-out to paypal, or am I only taxed on bonuses (referrals). I’m especially concerned on the cash-outs from points issues as free after rebate for smart devices…all these (esp. the thermostats) really adds up. Does the system separate rebate points from regular? As far as I understand, rebates aren’t something to be taxed on - and I already paid for sales tax on them. Seems the same would be true of money earned from saving energy, which is an energy rebate (?), not income/bonuses…but I really don’t know.
I know the amount of people who have to fill out W-9s is small pool, l but I’m wondering if anyone had to file for 2016 and could tell me what to expect.