I made $270 from an online business but did not receive a 1099 form because it is less than $600. Where do I input this income? Do I need to file a Form SS-8?
You'll need to sign in or create an account to connect with an expert.
It depends on why you received the $270 income.
If you received the income because you performed a service for the online business, then it should be reported on Schedule C Business Income and Expenses for your self-employed business for the work that you did. Enter the income as part of the Schedule C in the general income category that would include cash payments. If you had received a 1099, then it would be entered in the section for the form you had in hand.
If you received the income because of a hobby, then it would be reported on Form 1040 Schedule 1 line 8J. Use these steps:
Form SS-8 is used to request a determination of the status of a worker for a business. If you feel that the business who paid you should have treated you as an employee and not an independent contractor, then you could file Form SS-8. There is not a requirement that you file Form SS-8.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
Solar Eclipse
Level 4
andyb99
New Member
mgmike
Level 1
darrylcsmith
New Member
nathstaxes
Level 3