Minimum for Filing?

[MNMommy2]

I was going to sign up to take surveys online and was wondering if I need to claim that? Do I have to make so much from them to even bother? Thanks!

One year I did Cha-cha and I feel like my accountant said not to bother b/c I didn't make enough doing it. That was before daycare.

[Blackcat31]

http://www.irs.gov/Businesses/Small-Businesses-&-Self-Employed/Filing-Requirements-for-Self-Employed-Individuals

This might help.

[MNMommy2]

Thanks! It looks like if I earn more than $400... Considering how little they pay for each survey it would take a while to reach that I would think!

[Blackcat31]

Thanks! It looks like if I earn more than $400... Considering how little they pay for each survey it would take a while to reach that I would think!

But I think it might mean TOTALLY yearly income for every job you have/do.

So even if you only earned $200 with the survey taking you would have to add it to your daycare income and count the total amount you earned for the year.

Not 100% sure but I am sure Tom will know and clarify.

[MNMommy2]

But I think it might mean TOTALLY yearly income for every job you have/do.

So even if you only earned $200 with the survey taking you would have to add it to your daycare income and count the total amount you earned for the year.

Not 100% sure but I am sure Tom will know and clarify.

Aahh, I misread then. I thought it was accounted for separatly, I will just see if he responds. Thanks!

[TomCopeland]

Income is income

Aahh, I misread then. I thought it was accounted for separatly, I will just see if he responds. Thanks!

Money you earn from any source is still income, regardless of how small the amount.