I worked one day for a company last year; they take your pictures sitting in a vehicle, simulating an accident, and I received $150.00 (without tax) for it. I asked the agency that sent me to do this job, they will not send me W2 form because I did not make more tahn $600.00 with them. Do I need to declare this (150.00) as a part of my income? If so, what form should I use?
2007-02-06 04:50:56 · 4 answers · asked by setsuko1981 2 in Business & Finance ➔ Taxes ➔ United States
Basic rule of thumb, if you do not received a W-2 or 1099, you don't need to claim it. If however you feel the need, use a form 1040EZ and fill it in the Misc. Income section.
2007-02-06 04:56:11 · answer #1 · answered by jtcampbell1 2 · 1⤊ 3⤋
Yes, it's income. Claim it on Line 21 of Form 1040.
2007-02-06 12:59:51 · answer #2 · answered by Bostonian In MO 7 · 1⤊ 0⤋
It should go on Line 21 of the 1040.
2007-02-06 12:54:56 · answer #3 · answered by Wayne Z 7 · 1⤊ 0⤋
no!
2007-02-06 13:06:44 · answer #4 · answered by Plethora 1 · 0⤊ 2⤋