We hate to be the bearer of bad news but, Yes.
You will receive an IRS 1099 Form from TrinitiComm by January 31st of
the year following the year the Bonuses were distributed to you. If and
only if, your Bonuses received from TrinitiComm EXCEEDS $599.99 in that
year and you are a United States citizen will this income be reported to
the IRS. Keep in mind that, it is your
responsibility to pay your taxes on income generated where and whenever
required. The Lord clearly endorses payment of taxes as well. Paul said
in Romans... "Give everyone what you owe him:
If you owe taxes, pay taxes; if revenue, then revenue; if respect, then
respect; if honor, then honor." (Romans 13:7). If you don't
know who, what, when, where, or how to pay, just call any accountant and
explain what you are doing. They will gladly guide you in the right
direction, in most cases for a free initial consultation, assuring both
you and the government are fully satisfied. Click Here for more information and all necessary IRS forms.
Read the Home Based Businesses Tax Deductions article for money saving ideas and tips.