In the United States, independent contractors and the self-employed receive a Form 1099-MISC from each business client that pays at least $600 during the tax year. All US Brand Affiliates who earn at least $600 of non-employee compensation in a given tax year will be sent a 1099 by the end of the following January, These forms will be mailed to the permanent address on file and uploaded to Volumes and Genealogy.
What counts as income on the 1099?
- Commissions - All commissions earned between January 1st and December 31st of the preceding tax year will show in Box 7 of the form 1099. If this amount totals $600 dollars or more, the 1099 will be automatically generated and sent by the company. If commissions earned in the preceding year is less than $600, you may contact Brand Affiliate Support about receiving a 1099.
- Prizes and Awards - All prizes and awards, including ADR point redemptions, will show in Box 3 (Other Income). If Prizes and Awards total $600 dollars or more, the 1099 will be automatically generated and sent by the company.
- Back-Up Withholding (BTW) in Box 4 and Direct Sales of $5,000 or more in Box 9.
Any questions regarding the breakdown of any one of these boxes can be directed to Brand Affiliate Support.
Note: Nu Skin is not a tax services provider and as such does not offer tax advice. Any questions regarding filing taxes should be fielded by a registered tax professional.