K M W
Employee Tax Expert

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According to the IRS: 

  • Generally, an amount included in your income is taxable unless it is specifically exempted by law. Income that is taxable must be reported on your return and is subject to tax.

So, no matter how much or how little you earn from a secondary/side job, it is required to be reported on your tax return.  Even if it's only a few hundred dollars or even less, it technically is income that is required to be reported on your tax return.

 

A secondary question may be at what point does a company have to send a contractor a form 1099 to report amounts paid to that contractor? Businesses are required to complete a Form 1099NEC and send it to the contractors if they pay them $600 or more. 

 

So if you do work for a company and they pay you, say $400, they are not required to issue a 1099NEC to you to report the payment, but you still have a responsibility to report the $400 as income on your tax return. 

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