- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
1099 income
All of my $12136 income for 2020 was from the Arizona state prison and was reported on a 1099. No taxes were withheld. I filed an information return to get my stimulus payment. Since it was under the #12400 standard deduction, I did not show it. My information return was rejected because I didn't actually request the rebate. My uncle says that because the 1099 shows more than $600 that I have to report it as other income and pay self employment taxes on the full amount. Which is correct?
‎October 20, 2021
6:39 AM