Unemployment and 1099 didn't claim all money made
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Unemployment and 1099 didn't claim all money made
Please take an extra minute to explain what you mean. If you are filling out a 1040, and you don't show both, they will get you with taxes, penalties, and interest, but it will take as much as 2 years to sock you with a huge bill.
Even if there is no paper trail, you are legally obligated to report ALL earned income on your tax return.
If you earned money, while unemployed, it is a serious crime, not to have claimed it, when receiving unemployment.
Are you receiving tax records on these incomes?
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