To clarify from all the information listed, if my compensation for an egg donation cycle is $12,000 or less I shouldn’t have to pay any taxes on it or report it (unless I am sent the 1099 from the agency I completed the egg donor cycle through)? If so, is the $12,000 for each individual income source or combined? For instance if someone makes a salary of 50k per year and completes two separate egg donor cycles within a year (each cycle being compensated at 12k or less), would that individual need to report those two separate cycles to the IRS and would the individual need to pay regular tax on both payments? Thanks in advance! I’m considering donating and would like to know
