From idea to replacing full-time salary in 4 months

Re:From idea to replacing full-time salary in 4 months by sopooneo on Monday April 16, 2012 @09:29PM (#3850507)

I've been aware for a long time about the distinction between employees and contractors, and the basic idea is clear enough to me. However, the difference between contractors and vendors still baffles me.

I don't issue a 1099 to Staples for delivering office supplies (though I realize we dodged that bullet by a hair a couple years ago). However, I do issue one to a guy I find on CraigsList to redesign my web site. In that case the difference seems obvious. But where is the line?

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Re:From idea to replacing full-time salary in 4 months by stevenguichard on Tuesday April 17, 2012 @01:11AM (#3851256)

Generally if a payment is made to a corporation or total payments are less than $600 for the year you don't have to issue a 1099.

http://www.irs.gov/pub/irs-pdf/i1099msc.pdf

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