- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
You still need to report the $200 shown on this 1099-MISC as income on your return -- it's still taxable income.
But, it won't be subject to self-employment tax, since your net SE income is less than $400.
Simply report it in TurboTax in the Wages and Income area of whichever TurboTax version you're using, then enter under 1099-MISC. You'll have to pay any tax that may be due on the income, but no self-employment tax on it.
‎June 4, 2019
10:13 PM