@ForeverGrateful wrote:
Following is just a very small portion of the email I received: ***DISCLAIMER: TAX STATEMENT ARE PROVIDED FOR INFORMATIONAL PURPOSES ONLY. THIS TAX STATEMENT IS NOT AN OFFICIAL IRS FORM, AND WILL NOT BE FILED WITH THE IRS. IT IS INTENDED TO PROVIDE YOU DETAILS ON YOUR YEAR-TO-DATE REPORTABLE TRANSACTIONS BUT MAY NOT CONTAIN ALL RECENT REPORTABLE TRANSACTIONS.
You follow the link in the email and can print out the 'non-official' form1099-NEC (it has a watermark across it that says it is not an official form) ....basically it's just giving you a heads up of what you have received so far "year-to-date"
That is acceptable as long as the value of free products is less than $600. If the value of free products is more than $600, they are probably required to issue a 1099-MISC or a 1099-NEC. Also, if your statement is available mid-year, it would not be official. An official 1099 would be filed between January 1 and January 31 of the following year.
If they don't issue 1099s in January even for amounts over $600, I would be interested in reading about their logic.
