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DO I NEED TO FILE 1099 TAXES IF I MADE LESS THAN 1220.00 LAST YEAR AND MADE 4020.00 IN W2
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DO I NEED TO FILE 1099 TAXES IF I MADE LESS THAN 1220.00 LAST YEAR AND MADE 4020.00 IN W2
There are more than 20 types of 1099's. I assume you are referring to a 1099-MSIC with income reported in box 3 or 7.
If your total income from all sources combined exceeds $6300 then you are required to file a tax return.
If your self-employment income (can be reported in box 3 or 7 of a 1099-MISC) exceeds $400 then you are required to file a return.
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