turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

rynods79
New Member

Do I Need to Claim Side Work Money below $600.00?

I did some side work in 2016. I drew up some stable plans for a builder in South Carolina. I was paid a total of $400.00. Do I need to claim this? I heard if it's anything below $600.00, I do not...  Also, if I do have to claim it, where do I do so in the T.T. software?
Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions
bwa
Alumni
Alumni

Do I Need to Claim Side Work Money below $600.00?

Yes, you do.  If you are required to file, you are required to report all of your income.

I heard if it's anything below $600.00, I do not.

That rule is whether the vendor has to issue you a Form 1099.  Even if they don't, you still need to report the income.


View solution in original post

3 Replies
rynods79
New Member

Do I Need to Claim Side Work Money below $600.00?

How do I file this income with Turbo Tax?
bwa
Alumni
Alumni

Do I Need to Claim Side Work Money below $600.00?

Your income indicates you are using the self-employed version.  If it's anything like the desktop version, just look for the business tab and work through the interview.
bwa
Alumni
Alumni

Do I Need to Claim Side Work Money below $600.00?

Yes, you do.  If you are required to file, you are required to report all of your income.

I heard if it's anything below $600.00, I do not.

That rule is whether the vendor has to issue you a Form 1099.  Even if they don't, you still need to report the income.


message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies