What income needs to be reported to IRS?

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asked May 15 in Employment & Careers by Tanya Nav (480 points)
What income needs to be reported to IRS?

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answered May 16 by Minty (26,050 points)
If you earn $600.00 or more per month and that income is not a gift then the $600.00 or above in income per month needs to be reported to the IRS.

If you earn $500.00 or less per month then you don't need to report the income to the IRS.

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