You are the reason that the IRS wants all of the information on all of the banks so that they can catch the penny anti-tax cheats.
@wrosie wrote:
@boridi wrote:
Seems to me that I get $1 more in income and pay tax on $1 more, so I come out ahead unless my marginal tax rate is >100%![]()
I'm ignoring mileage expenses since they would be the same in either case.
And that assumes you do enough shops for the MSC to get a 1099. Or do you all claim ALL your mystery shopping income even when you don't get a 1099?