You'll need to sign in or create an account to connect with an expert.
Yes. Income reported in Box 7 of a 1099-MISC is considered self-employment income. The filing threshold for self-employed income is net $400. So your son must file his own return. Be sure he indicates on his return that someone else can claim him as a dependent.
Yes. Income reported in Box 7 of a 1099-MISC is considered self-employment income. The filing threshold for self-employed income is net $400. So your son must file his own return. Be sure he indicates on his return that someone else can claim him as a dependent.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
SoCalRetiree
New Member
MakeMoreDave
Level 1
Ciannaedm
New Member
josephetc
New Member
josephetc
New Member
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.