Reportable income under $1,000

Forum|Forum|6 years ago
February 5, 2020
2 replies
34 views

Do I have to report a job/income that I made less than $1,000 in the year?

xmasbaby0

Level 15

Was that your ONLY income? Or do you mean you have a W-2 for that amount along with other income you received? If you had other income you MUST include the W-2.

Every 2019 W-2 that you received must be reported on your 2019 tax return, even if they are for small amounts. Remember that each one of those W-2’s has your Social Security number on it, and that income was reported to the IRS by the employer. You do not want to get in trouble with the IRS for under-reporting your income.

ALL of your W-2’s must be entered on the SAME tax return. After you enter the first one, you click Add Another W-2.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

Irene2805

Level 15

As xmasbaby0 notes, you have to report all of your income. To see if you're required to file a tax return because of your income, please see this TurboTax Help article: Do I need to file a federal return this year?