|
The Motley Fool Discussion Boards
|
Previous Page | |
|
Financial Planning / Tax Strategies |
||
|
URL:
https://boards.fool.com/we-are-both-retired-living-off-social-security-31168039.aspx
|
||
| Subject: Re: How to report this income? | Date: 3/16/2014 1:22 PM | |
| Author: Wradical | Number: 120467 of 132527 | |
|
We are both retired, living off Social Security and investment income. But in 2013 DW did a little paid work for a non-profit she normally volunteers with, earning $200. Since it was such a small amount, she didn't get a 1099. Where does this get reported? Will she have to pay double FICA on it? --fleg ___________________________ Miscellaneous income. (Last line of income, page 1, 1040.) No FICA; Self-employment tax doesn't kick in below $400. Bill |
||
| Copyright 1996-2021 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us | ||