Do I need to complete a 1099-misc if I only have a total of $28.86 and it is from total sub payments?

posted

Connect with an expert

1 Reply

Do I need to complete a 1099-misc if I only have a total of $28.86 and it is from total sub payments?

Yes, you need to report this income. There is no minimum amount that can be excluded from your income. The IRS requires you to report all income no matter how small an amount.

Still have questions?

Questions are answered within a few hours on average.

Post a Question

*Must create login to post