I do surveys and videos to make extra cash in my spare time. How much can I earn before I have to file taxes?
I also receive Adult Child SocialSecurity Benefit of $600 under my dad. What if they don't give you a 1099 how do I report this?
TaxConnections Members... Answer This Question Want To be One of Our Tax Experts? Register Here
Tax Professional Answers
Any amount of income from the activity is subject to income tax, so if your total income exceeds the threshold for filing you must file a return. An additional factor is self-employment tax. If your net profit as shown on Schedule C is over $400 you must file, complete Schedule SE, and pay self-employment tax. The filing threshold for 2015 is gross income of $10,300 if you are single and $20,600 if married fililng jointly. If they don't give you a 1099 in this case it is not likely taxable to you. The social security administration usually sends out a Form SSA-1099 for beneifts received.Leave a Comment 311 weeks ago