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Get your taxes done using TurboTax
Yes, and the 1099-NEC (replaces the 1099-MISC) is over $600, not $6,000. But you must report all income whether you have a form or not. And if self-employed you must file a tax return and pay the SE tax (Social Security and Medicare tax) on any income more then $400.
**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
‎December 31, 2020
5:44 PM