Q. Others have said that any less than $400 im good. Is that true?
A. No. The $400 is often misunderstood to mean that.
The $400 rule only means that the payer (Twitch) only has to issue a form 1099-MISC if they paid someone (you) more than $400. You have to report all your income, no matter how small whether or not you got a 1099 form. In your case, the IRS will be expecting that $41 on your tax return.
