Quote Originally Posted by IronPirate View Post
not at all



If I understand correctly, companies only need to report payouts for services rendered by other non-companies valued at over $600...So if you sold a yard 1k in scrap, shouldn't be an issue. If you did 1k worth of labor for them, you'll be getting a 1099*

*But I'm not an accountant and you should probably consult a professional
I like your answer. If that is (was) true, I think it may be changing for 2012. I've read that on any scrap sale over $600, there will be a 1099 issued. Whether or not that document will include the seller's name, I don't know.