Who must inform the Internal Revenue Service of Monies being paid by ZipLabor to Organizations?
In the United States, ZipLabor will submit an Internal Revenue Services Form 1099-misc to the IRS for any Organization who receives more than $600 a year in Royalty Checks. A Copy of form 1099-misc will be addressed to the Organization with the Tax Identifications Number (TIN) used during the Organizations Registration. Organizations must submit a valid TIN or they will be removed from the WebSite.