in Education
126718
You'll need to sign in or create an account to connect with an expert.
Normally income you received totaling over $600 for non-employee compensation (and/or at least $10 in royalties or broker payments) is reported on Form 1099-MISC. If you are self-employed, you are required to report your self-employment income if the amount you receive from all sources equals $400 or more.
However, any amount received on this form will be reported to The IRS as income and should be included on your tax return.
More information about Form 1099-MISC can be found here: https://turbotax.intuit.com/tax-tools/tax-tips/General-Tax-Tips/How-to-File-Taxes-with-IRS-Form-1099...
Normally income you received totaling over $600 for non-employee compensation (and/or at least $10 in royalties or broker payments) is reported on Form 1099-MISC. If you are self-employed, you are required to report your self-employment income if the amount you receive from all sources equals $400 or more.
However, any amount received on this form will be reported to The IRS as income and should be included on your tax return.
More information about Form 1099-MISC can be found here: https://turbotax.intuit.com/tax-tools/tax-tips/General-Tax-Tips/How-to-File-Taxes-with-IRS-Form-1099...
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.
anonymouse1
Level 5
in Education
annilin171420
New Member
meenakshimishra
Level 2
geraldstarling65
New Member
rodiy2k21
Returning Member