This post has been de-listed
It is no longer included in search results and normal feeds (front page, hot posts, subreddit posts, etc). It remains visible only via the author's post history.
1
US taxes and 1099-MISC
Post Body
So I just started to make a little bit of money with Doordash as a side gig. I have a normal W-2 job, but I've got some questions on how will this affect me tax-wise.
- I'm under the impression if I don't make $600 or more via Doordash, I won't get a 1099-MISC. Does this mean I'm off the hook for reporting that for 2020's taxes, or do I still need to?
- For 2021, if I do make more than $600 and I get a 1099-MISC, I'm assuming that there is a place to put that income.
- What is the tax rate that I can expect to be liable on the 1099 earnings?
- Based on that, should I be sending the IRS quarterly estimated payments? If I don't, will I be penalized by the IRS?
Author
Account Strength
100%
Account Age
12 years
Verified Email
Yes
Verified Flair
No
Total Karma
15,928
Link Karma
6,933
Comment Karma
8,995
Profile updated: 5 days ago
Posts updated: 3 weeks ago
Subreddit
Post Details
We try to extract some basic information from the post title. This is not
always successful or accurate, please use your best judgement and compare
these values to the post title and body for confirmation.
- Posted
- 4 years ago
- Reddit URL
- View post on reddit.com
- External URL
- reddit.com/r/askfinance/...