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Do I Need to Claim Side Work Money below $600.00?

Forum|Forum|7 years ago
June 1, 2019
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I did some side work in 2016. I drew up some stable plans for a builder in South Carolina. I was paid a total of $400.00. Do I need to claim this? I heard if it's anything below $600.00, I do not... Also, if I do have to claim it, where do I do so in the T.T. software?

TurboTax Self Employed Online

Best answer by bwa

Yes, you do. If you are required to file, you are required to report all of your income.

I heard if it's anything below $600.00, I do not.

That rule is whether the vendor has to issue you a Form 1099. Even if they don't, you still need to report the income.

R

rynods79Author

How do I file this income with Turbo Tax?

B

bwa

Employee

Your income indicates you are using the self-employed version. If it's anything like the desktop version, just look for the business tab and work through the interview.

B

bwaAnswer

Employee

Yes, you do. If you are required to file, you are required to report all of your income.

I heard if it's anything below $600.00, I do not.

That rule is whether the vendor has to issue you a Form 1099. Even if they don't, you still need to report the income.