You'll need to sign in or create an account to connect with an expert.
If you are required to file a tax return, you must report all self employment income no matter how small the amount. If that is your only income, you must file a return if it is more than $400 to pay self employment taxes.
The $600 number is the amount you must make before the payer must issue a 1099-MISC but it has no affect on whether you must report the income not even if you didn't get a 1099-MISC.
If you are required to file a tax return, you must report all self employment income no matter how small the amount. If that is your only income, you must file a return if it is more than $400 to pay self employment taxes.
The $600 number is the amount you must make before the payer must issue a 1099-MISC but it has no affect on whether you must report the income not even if you didn't get a 1099-MISC.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
tpgrogan
Level 1
neutron450
New Member
adrianadablopez
New Member
CRAM5
Level 1
edmarqu
Returning Member