Quantcast
Channel: Bogleheads.org
Viewing all articles
Browse latest Browse all 4565

Personal Finance (Not Investing) • Looking for IRS guidelines on if compensation for participating in a clinical trial is taxable if under $600

$
0
0
https://www.irs.gov/pub/irs-news/fs-07-26.pdf

"It is a common misconception that if a taxpayer does not receive a Form 1099-MISC or if the income is under $600 per payer, the income is not taxable. There is no minimum amount that a taxpayer may exclude from gross income."

Statistics: Posted by funyun — Thu Feb 15, 2024 1:51 pm — Replies 3 — Views 81



Viewing all articles
Browse latest Browse all 4565

Trending Articles