Cash "under the table"

lerkin
Fri, 09 Mar 2012 11:19:47 +0000

GTalum,

I might be wrong, please verify with a tax professional, but you only have report self-employed income if it is over $400. (It might only apply to Social Security Taxes though.) You need to verify exactly how much she made, perhaps it is not an issue?

Also, 1099 is not required if your daughter chooses to report the income.