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I have a company i do work and hire guys to work 1-3 days and pay the a daily rate. Less than $600

 
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JamesG1
Expert Alumni

I have a company i do work and hire guys to work 1-3 days and pay the a daily rate. Less than $600

You may deduct payment for a casual laborer who earned less than $600 for the entire year.  Earning less than $600, you are not required to file an IRS form 1099-Misc.

 

Should you have to prove your business deduction for an IRS audit, you should maintain for your records, at a minimum, the name, address and Social Security numbers for these workers.

 

State and local regulations will also apply.  

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I have a company i do work and hire guys to work 1-3 days and pay the a daily rate. Less than $600

Social security numbers ? you must be joking.

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