League winnings/taxes
League winnings/taxes
Does leaguesafe have 1099's send out for winnings at a certain amount? If so does anyone know the amount or how it works?
Re: League winnings/taxes
I don’t believe so. Leaguesafe is only holding money, it doesn’t assign winners and losers so think of it as almost transferring money from PayPal.
BERLIN BOMBERS (0 – 0)
1996 | 2005 | 2012 | 2013 | 2014 | 2017 –
1999 | 2000 | 2019 | 2020 –
14 team | 4 keepers | non ppr | est. 1996
QB –
RB – Christian McCaffrey | Josh Jacobs
WR – AJ Brown | CeeDee Lamb
TE –
ROCKY MOUNTAIN MASTODONS (0 – 0)
2011 | 2013 | 2015 | 2016 | 2017 | 2018 | 2020 –
2008 | 2012 | 2014 | 2019 –
12 team | 10 keepers | non ppr | est. 2001
QB – Joe Burrow
RB – Tony Pollard | Kenneth Walker III | Rhamondre Stevenson
WR – Justin Jefferson | Stefon Diggs | DK Metcalf | Tee Higgins | Jameson Williams
TE – Trey McBride
Overall 2024 Regular Season Record: 0 – 0
1996 | 2005 | 2012 | 2013 | 2014 | 2017 –
1999 | 2000 | 2019 | 2020 –
14 team | 4 keepers | non ppr | est. 1996
QB –
RB – Christian McCaffrey | Josh Jacobs
WR – AJ Brown | CeeDee Lamb
TE –
ROCKY MOUNTAIN MASTODONS (0 – 0)
2011 | 2013 | 2015 | 2016 | 2017 | 2018 | 2020 –
2008 | 2012 | 2014 | 2019 –
12 team | 10 keepers | non ppr | est. 2001
QB – Joe Burrow
RB – Tony Pollard | Kenneth Walker III | Rhamondre Stevenson
WR – Justin Jefferson | Stefon Diggs | DK Metcalf | Tee Higgins | Jameson Williams
TE – Trey McBride
Overall 2024 Regular Season Record: 0 – 0
Re: League winnings/taxes
Thanks joeday for the response. I only have leaguesafe in 2 of my leagues and will find out soon enough how it works out.
- Cowboysfan33
- Legend
- Posts: 5898
- Joined: Fri Mar 27, 2015 12:18 pm
Re: League winnings/taxes
Good question, I was wondering the same thing. I won some of my DLF leagues that are through LeagueSafe. I assumed that they would have to send 1099’s for anything $600 and above. It’s fine with me, either way.
Re: League winnings/taxes
yeah, if I remember correctly I never received one.Cowboysfan33 wrote: ↑Tue Dec 29, 2020 11:13 am Good question, I was wondering the same thing. I won some of my DLF leagues that are through LeagueSafe. I assumed that they would have to send 1099’s for anything $600 and above. It’s fine with me, either way.
BERLIN BOMBERS (0 – 0)
1996 | 2005 | 2012 | 2013 | 2014 | 2017 –
1999 | 2000 | 2019 | 2020 –
14 team | 4 keepers | non ppr | est. 1996
QB –
RB – Christian McCaffrey | Josh Jacobs
WR – AJ Brown | CeeDee Lamb
TE –
ROCKY MOUNTAIN MASTODONS (0 – 0)
2011 | 2013 | 2015 | 2016 | 2017 | 2018 | 2020 –
2008 | 2012 | 2014 | 2019 –
12 team | 10 keepers | non ppr | est. 2001
QB – Joe Burrow
RB – Tony Pollard | Kenneth Walker III | Rhamondre Stevenson
WR – Justin Jefferson | Stefon Diggs | DK Metcalf | Tee Higgins | Jameson Williams
TE – Trey McBride
Overall 2024 Regular Season Record: 0 – 0
1996 | 2005 | 2012 | 2013 | 2014 | 2017 –
1999 | 2000 | 2019 | 2020 –
14 team | 4 keepers | non ppr | est. 1996
QB –
RB – Christian McCaffrey | Josh Jacobs
WR – AJ Brown | CeeDee Lamb
TE –
ROCKY MOUNTAIN MASTODONS (0 – 0)
2011 | 2013 | 2015 | 2016 | 2017 | 2018 | 2020 –
2008 | 2012 | 2014 | 2019 –
12 team | 10 keepers | non ppr | est. 2001
QB – Joe Burrow
RB – Tony Pollard | Kenneth Walker III | Rhamondre Stevenson
WR – Justin Jefferson | Stefon Diggs | DK Metcalf | Tee Higgins | Jameson Williams
TE – Trey McBride
Overall 2024 Regular Season Record: 0 – 0