@Mikenn2003 wrote:
What if I didn't get more than 600$ in the calendar year
You are required to report and pay tax on all your income. You can enter this as "other income" in the program, I believe medical research is an option there. Just make sure that if you are asked any test questions to determine self-employment intent, you answer no (not like your regular work, not intended to earn a profit, etc.)
If you get no tax documents, it is unlikely that the IRS will catch you if you don't report it. But the legal requirement is in the law.
SSDI may be affected by income earned from working, but is not affected by income from other sources, like investments or prizes.
Also, if your taxable income is less than $12,400, you won't pay any income tax even if you report it.
