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It says if you made less than $20000 you dont get a 1099k so does that mean you dont have to file it on your taxes if you made less than that?

 
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4 Replies

It says if you made less than $20000 you dont get a 1099k so does that mean you dont have to file it on your taxes if you made less than that?

No, it does not mean that at all.  You have to report self-employment income even if it is over $400.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

It says if you made less than $20000 you dont get a 1099k so does that mean you dont have to file it on your taxes if you made less than that?

So how exactly do you do that if there not going to give me a 1099k?

It says if you made less than $20000 you dont get a 1099k so does that mean you dont have to file it on your taxes if you made less than that?

I really need the answer to this also.

It says if you made less than $20000 you dont get a 1099k so does that mean you dont have to file it on your taxes if you made less than that?

Take the numbers from your yearly summary and put them in the appropriate places you have to use the 1099 tax form

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