If I give a contractor a 1099 for $400 or less do they have to file it on their taxes

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If I give a contractor a 1099 for $400 or less do they have to file it on their taxes

The minimum amount required for issuing a 1099-MISC is $600. A taxpayer must include all income on their tax return whether they get a 1099-MISC or not.

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If I give a contractor a 1099 for $400 or less do they have to file it on their taxes

The minimum amount required for issuing a 1099-MISC is $600. A taxpayer must include all income on their tax return whether they get a 1099-MISC or not.

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