A2A.Once again - no one u201cmakes money on a 1099u201d. Please remove that phrase from your vocabulary.When you prservices for compensation, you either prthose services as an employee or as an independent contractor, with the difference between the two being the amount of control exerted over the provider of services by the requestor of those services.If you prservices as an independent contractor, you will not have any taxes withheld by the requestor of those services, and you are considered for tax purposes as being self-employed. You are required to report that income to the IRS whenever your net income from self-employment exceeds $400 in a year, and it doesn't matter whether you receive a Form 1099-MISC from the service requestor.When a service requestor pays an independent contractor $600 or more in a year, the service requestor is required to file Form 1099-MISC with the IRS and send an information copy to the contractor. Again, that form has nothing to do with the contractoru2019s obligation to report income from self-employment, it is one way that the IRS can track payments to self-employed individuals. You should always be relying upon your own records of payments received and expenses incurred rather than the Forms 1099, I've seen mistakes made on 1099s.