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New Member
posted Jun 6, 2019 12:16:11 AM

I received $500 for editing I did informally for an acquaintance. There was no 1099 or contract. I have been told that I need not report this amount. Is this accurate?

Nothing further to say...

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1 Best answer
Intuit Alumni
Jun 6, 2019 12:16:13 AM

Generally, all income is taxable unless specifically excepted under the tax code.  The income you describe wouldn't appear to fit any known exception, as far as taxability is concerned.

Long story short, it should be reported on your return.

1 Replies
Intuit Alumni
Jun 6, 2019 12:16:13 AM

Generally, all income is taxable unless specifically excepted under the tax code.  The income you describe wouldn't appear to fit any known exception, as far as taxability is concerned.

Long story short, it should be reported on your return.