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sbwatts13
New Member

How much can I make on a 1099 MISC before having to claim taxes

 
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Coleen3
Intuit Alumni

How much can I make on a 1099 MISC before having to claim taxes

Every penny you earn on a 1099-Misc (box 7) is taxable income. If you have no other income to add to it, you would need to file with any amount over $400 since it is subject to Social Security and Medicare taxes.

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Coleen3
Intuit Alumni

How much can I make on a 1099 MISC before having to claim taxes

Every penny you earn on a 1099-Misc (box 7) is taxable income. If you have no other income to add to it, you would need to file with any amount over $400 since it is subject to Social Security and Medicare taxes.

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