Are mylot earnings reported to the IRS?

@EdwardF (431)
United States
January 26, 2007 8:57am CST
I don't remember, did I have to give my social security# to mylot when I signed up? If so, I'm sure my earnings are being reported to the IRS and I need to pay taxes for them. If they didn't request my SS#, it wouldn't be reported. Does anybody remember or know?
1 person likes this
6 responses
B_BORGERDING
@B_BORGERDING (34)
• United States
28 Jan 07
No SS#!! Should be good!!
hockeygal4ever
@hockeygal4ever (10021)
• United States
28 Jan 07
No SS# was given. Not sure if that will change over the course of the year or not.
sedel1027
@sedel1027 (17846)
• Cupertino, California
27 Jan 07
You should pay taxes on what you make here if you have to file this year. However, they are not required to send you a 1099 and report you to the IRS unless you made over a certian amount (I believe $600).
aimee750
@aimee750 (1116)
• United States
27 Jan 07
If you don't get a 1099 don't worry about it. In the US they aren't required to send out 1099's unless they pay you over $600 per year.
amazing_Grace
@amazing_Grace (479)
• United States
28 Jan 07
No,I was not asked for SS# when i joined. So, you should be fine.
LoveLarisa
@LoveLarisa (105)
• Romania
26 Jan 07
I'm 99% sure you don't have to pay any taxes. Your money just get transffered in E-Gol d (if you've chosen that payment method). From E-Gold you can to whatever you want with your money.. there are members here from all over the world, I don't know what IRS is but I'm rather sure you're from the USA, MyLot couldn't report all earnings to the instution regarding taxes in each country. Hope it helped