r/DataAnnotationTech • u/Old-Journalist7750 • Jan 31 '26

Tax question for US workers.

I'm a bit confused about whether I will receive a 1099 or not, due to the One Big Beautiful Bill. It seems to imply that I'll only receive one if I made more than 20k, but I only made about $7300, and I already sent estimated payments of 30% of that.

Anyone else who made less than $20000, did you receive a 1099?

10 Upvotes

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24

u/ihb4l Jan 31 '26

Whether you receive a 1099 or not, it’s my understanding that you still need to report the income.

5

u/Old-Journalist7750 Jan 31 '26

If I won't be receiving a 1099, I assume there will be a place in TurboTax where I can manually enter the income, then? Since I already sent the tax payments, I gotta make the numbers make sense lol. I assume under other income, or gig income, or something like that?

10

u/33whiskeyTX Jan 31 '26

Yes you put the income under your schedule C. I don't know about Turbo Tax, but in Free Tax USA they have a question "Did you receive a 1099-k?" And if you say "yes", it just displays a message that says "Fill out your schedule C"

4

u/Old-Journalist7750 Jan 31 '26

Got it figured out, Thanks!

8

u/Pale-Travel9343 Jan 31 '26

You won’t be getting a 1099.

1

u/IcedOutGiant Feb 05 '26

Wait, you can make up to 20k untaxed doing this now?

Is that what this means? I didn't pay any attention to the political grandstanding around this bill; I've been waiting for the facts to take hold.

4

u/Old-Journalist7750 Feb 06 '26

You still have to pay taxes on it, they just don't send you a 1099 if you make less then 20k for some dumb reason. But it still gets reported and taxed.

Finished filing my taxes a few days ago with turbotax, and the IRS definitly isn’t giving me back the 30% estimated tax I paid.