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tammybear22
New Member

Do I have to report self employment if I did not earn more than $600?

 
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Texas Roger
Level 15

Do I have to report self employment if I did not earn more than $600?

If you are required to file a tax return, you must report all self employment income no matter how small the amount. If that is your only income, you must file a return if it is more than $400 to pay self employment taxes.

The $600 number is the amount you must make before the payer must issue a 1099-MISC but it has no affect on whether you must report the income not even if you didn't get a 1099-MISC.

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2 Replies
Texas Roger
Level 15

Do I have to report self employment if I did not earn more than $600?

If you are required to file a tax return, you must report all self employment income no matter how small the amount. If that is your only income, you must file a return if it is more than $400 to pay self employment taxes.

The $600 number is the amount you must make before the payer must issue a 1099-MISC but it has no affect on whether you must report the income not even if you didn't get a 1099-MISC.

tammybear22
New Member

Do I have to report self employment if I did not earn more than $600?

What if the majority of my sales were from me? For example, my personal retail sales from my own orders was $400 and the personal retail sales from items bought from my customers were only $25?

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