Do you need to report a 1099R if under 500dollars?

posted

Connect with an expert

2 Replies

Do you need to report a 1099R if under 500dollars?

Yes. You have to report all your income, no matter how little it is.

Do you need to report a 1099R if under 500dollars?

Yes you must report all your income no matter how small. Even $1 of bank interest you don't get a 1099 for. Unless it's your only income. Then you don't need to file a tax return except to get back any withholding taken out.

Still have questions?

Questions are answered within a few hours on average.

Post a Question

*Must create login to post

Expert does your taxes

Do it yourself

Resources

Support

Do you need to report a 1099R if under 500dollars?

Do you need to report a 1099R if under 500dollars?

Do you need to report a 1099R if under 500dollars?

Unlock tailored help options in your account.

Get more help

Do you have a TurboTax Online account?

Do you need to report a 1099R if under 500dollars?

Do you have an Intuit account?

Do you need to report a 1099R if under 500dollars?

Do you need to report a 1099R if under 500dollars?

Unlock tailored help options in your account.

Get more help

Related Content