The only resource I can reference are the instructions for the 1099NEC and the 1099M. This NEC form instructions state it be used for non employee compensation ...
@AmyCThat is incorrect. VIRPA is a new Federal law from December 2020. Please see this linkhttps://www.nvfc.org/volunteer-responder-incentive-protection-act-res...
Your cousin should file a return even if they don’t owe due to making less than standard deduction. Any taxes they paid during the year they’ll receive back as ...
I believe the deduction on incentive income is up to $600. So you shouldn’t have a negative amount. If your incentive income was $400 then you would report $0. ...
What if the payments received were based on calls made or meetings attended for the volunteer? I am a volunteer firefighter, as is the entire department, and we...
