i have regular work and received w2 from my employer (70,000 yr). I do sidework once or twice a month for a friend doing invoices. Payed 300 a month for invoices. He issued me a 1099NEC for the total 3600 he paid me over the 12 months. Do i need to report the 3600? or because it was 300 each payment it is under the 600 threshhold i do not need to report? have got conflicting answers from various sources.
If I do need to report it obviously affects my tax situation greatly (going from refund to owing) any suggestions on how i can reduce this debt.
Thanks!
