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State tax filing
Compensation for egg donation is definitely taxable income. With donation income of $30,000, you will want to make estimated tax payments to both the IRS and the State of Illinois, since your income will be reported to you on a 1099 with no taxes withheld.
**Answers are correct to the best of my ability but do not constitute tax or legal advice.
‎August 17, 2022
8:47 AM
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