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Yes. If a taxpayer's only income is self-employment, it must be reported if it is more than $400. Self-employment tax is due even if the amount is below the threshold for income tax.
If you are filing jointly and either of you has any other income, then ALL income must be reported no matter how little.
Yes. If a taxpayer's only income is self-employment, it must be reported if it is more than $400. Self-employment tax is due even if the amount is below the threshold for income tax.
If you are filing jointly and either of you has any other income, then ALL income must be reported no matter how little.
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