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1099

taxconfused
Contributor

1099

why am i receiving a 1099 if i’m not a business? i have never owned a business in my life.
2 REPLIES 2
Online-User0120
Contributor

Re: 1099

You probably got one because you either had more than 200 transactions where you received money, you received over $20,000 in payments or you live in one of the states where those thresholds are even lower.

 

The form issued based on the reporting threshold not of you're are business or not

taxconfused
Contributor

Re: 1099

ugh i’m in illinois so the threshold is $1,000. thanks for your response