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Hello, I'm a college student with no income; if I get paid for donating plasma, and if it's under $500, will I need to report it? What could I be taxed? Thank you!
I see there are many plasma-based questions, but I'm mostly curious if my (lack of) income and college status changes anything. I'll still donate, though I'm uncertain if I want to accept the reward program benefits. (I go to Biomat USA or CSL Plasma).
I've also seen articles going around about changes in the tax code (repealing the 1099 tax-reporting provision?), though I have no earthly idea if any are true or not, and whether they affect donors. Any information would be greatly appreciated, thank you.
I've also seen articles going around about changes in the tax code (repealing the 1099 tax-reporting provision?), though I have no earthly idea if any are true or not, and whether they affect donors. Any information would be greatly appreciated, thank you.
May 31, 2019
5:44 PM