PatriciaV
Expert Alumni

Business & farm

You are correct that you are not required to file a tax return if your income is below $600 for the year. However, the IRS believes that all self-employed individuals should report their income. We recommend that you prepare a return in TurboTax Online (it's free until you actually file). Complete the necessary information, then let TurboTax help you determine if you really do need to file.

 

Remember that you can claim expenses that relate to your income, which might result in zero taxable income from the 1099-MISC.

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