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Level 2
January 14, 2023
Solved

Taxable income

  • January 14, 2023
  • 1 reply
  • 1 view

I donate plasma in Oregon, since I don't get a 1099 for the compensation I get, do I need to claim income on my taxes?

Best answer by Bsch4477

Yes. All income must be reported. 

1 reply

Bsch4477Level 15Answer
Level 15
January 14, 2023

Yes. All income must be reported. 

Sysdemon1Author
Level 2
January 14, 2023

How will the IRS know if they don't get a 1099?

Level 15
January 14, 2023

The question you have to ask yourself is do you want to file a fraudulent return by not reporting taxable income?