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New Member
posted Apr 10, 2024 5:35:23 AM

If I received a 1099-nec from an individual DBA a business with a box 1 amount less than $5000, do I have to include this on my tax return?

I traveled to different conferences and used my phone and internet to relay information and coordinate meetings regarding signed sports memorabilia and received the 1099-nec as I was compensated for this.

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1 Replies
Expert Alumni
Apr 10, 2024 5:58:56 AM

Yes, you have to report this income as self-employed income.

 

Please read this TurboTax article on form 1099-NEC.