When I worked for a previous employer over 7 years ago. A vendor partner with that company allowed us to be apart of a discount program that gives 75% off. They claim that having that program in place that if the MSRP of what I purchase thru this program is $600 or greater, they're going to send a 1099-misc as this to them is considered taxable income. I spent about $9000 last year outfitting a media room ($12000 MSRP) and they issued a 1099-misc. I can't find any info anywhere stating that the IRS considers this taxable income. I don't work for the prior company and the two are not affiliated. A long time ago, they used to issue credits as a part of sales performance but I was not apart of that program and never received compensation. This is just a discount site that I still have access to due to the fact they never audit current employees vs. former employees. I have a lot of friends that have received 1099's from them and they say they have never once filed them. It doesn't make sense to me. If I go to bed bath and beyond and buy $2000 worth of red tag items for 75% off, I wouldn't be liable to consider that taxable income, I don't see how this is any different.
