Select all that apply. Which of the following clients would qualify for special pricing? All clients receive
Question:
Select all that apply. Which of the following clients would qualify for special pricing? All clients receive Form 1099-K. They are not dependents unless otherwise stated.
Joni received a Form 1099-K for $3,675 for cleaning houses. Joni won first place in a baking contest and received a Form 1099-MISC for $1,000.
Jacob received a Form 1099-K for $3,800 for work he did for a friend. Jacob, also received a W-2. His income is below the filing threshold for his filing status.
Jeremiah received a Form 1099-K for $1,200 selling some of his artwork on Etsy. He also received a Form 1099-K for $2,980 for selling some more artwork on Facebook. Jeremiah is an artist.
Jenna, a dependent taxpayer, babysits for her neighbor. She received a Form 1099-K for $6,500.
Income Tax Fundamentals 2015
ISBN: 9781305177772
33rd Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven Gill