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Focus Group Earnings

If I participate in Focus Groups and I am paid by gift cards, checks or prepaid debit cards. Will I more than likely receive a 1099 and will I have to pay taxes on it. Thank you.

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1 Reply
John-H2021
Employee Tax Expert

Focus Group Earnings

Hello

 

You may or may not receive a 1099 it will depend on the total amount you were given, but even if you don't receive a 1099 the total value of the gift cards and other awards should be reported as other income on schedule 1 and you pay taxes on that income

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