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New Member

What is the minimum amount for completing a 1099 form?

My wife did catering deliveries in December of 2016, she did not fill out a W2, and it appears to be considered contract work. Her wages were less than $500. Do I need to have her complete a 1099?
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New Member

What is the minimum amount for completing a 1099 form?

Form 1099-MISC is issued by the payer of the payment, not by the recipient. If she was paid less than $600, the payer did not have to issue a Form 1099-MISC. But, she still has to declare her income.

If your wife performed catering deliveries and received payments, but was not considered an employee and did not receive a Form W-2, she is self-employed for tax purposes. Her income, and any related business expenses, such as vehicle expense, will be reported on Schedule C of your tax return. Your wife's income should be reported both for income tax purposes and, if her net self-employment income exceeds $400, she must pay self-employment tax (the employer's and employee's share of Social Security and Medicare taxes) on that income.

In Wages & Income select I'll choose what I work on;

Scroll down to Less Common Income and select Miscellaneous Income, 1099-A, 1099-C;

Select  Other income not already reported on a Form W-2 or Form 1099;

Answer Yes to the question Did you receive any other wages?

Click Continue and click through the next pages until you reach Any other earned income;

Answer Yes and click Continue;

On the next page click Other and click Continue;

Enter a description of the work done and the amount; click Done.

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