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Do you pay taxes on a 1099?

Updated: 9/13/2023
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15y ago

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What is the minium amount of money for not paying taxes with a 1099? Does everyone pay regardless if they earn 5,000.00 or 15,000.00 even acting a an independent contractor.

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Q: Do you pay taxes on a 1099?
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DO I NEED TO PAY TAXES ON 1099-R?

Yes 1099 is a contractor, and deductions for taxes are not made by the payee when paying someone on a 1099.


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A 1099 is a tax form used to report and pay taxes on income other than wages and salaries. Such income could include interest or dividends paid you from your investments or work you contracted to do. Taxes are bit calculated and paid for income from 1099's which means it is your responsibility to pay them when you file your taxes. And YES you do have to file them.


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