If I worked for a company and say I did four jobs for them that totaled $465 and they got upset because I canceled a day before a bid that I had to go do but I told them not to schedule me so far that's why I don't want to accept the job so they got me for a cancellation fee and I didn't want to work for them anymore so basically they deposited $120 in my account but that was not the money they owed me they owed me $465 so I'm assuming that's how much they took for a cancellation fee what will they do as far as the IRS will they send a 1099 and do I have to wait on it since it was under $600 I don't know I don't know whether to claim the 120 that they actually paid me or are they going to send enough form for 465 I never got any documentation just to deposit of $120 from the company
