I made very little money from my gig economy side hustle last year, is there a minimum income threshold before I have to report a 1099?

Question

Kohari Gonzalez Oneyear & Brown · Accepted Answer

Gig economy income is often reported based on the nature of the payments, the payer’s reporting practices, and whether the activity was run as a business or a hobby. In many cases, a 1099 may not be issued for very small amounts, but the absence of a form does not always mean the income is outside r For an answer applied to your exact numbers, bring this question to a licensed KGOB CPA in a focused session and leave with a clear next step.