Without this information, the customer might not know what the invoice is for and not return payment. The customer's information. Include the customer's address, phone number, social security or tax ID number, and any other relevant information. When a customer sends you a payment, you'll know exactly whom it's from.
Most people advise filing taxes every year, even if you income is super-low, so that the IRS never has any extra reason to audit you. As I, a non-professional understand it: $3,300 is the minimum to have to file if you work for an employer and get a W2. $400 is the minimum if you're self employed. Also, if you're getting a tax refund, you MUST file. Most people advise filing taxes every year, even if you income is super-low, so that the IRS never has any extra reason to audit you. As I, a non-professional understand it: $3,300 is the minimum to have to file if you work for an employer and get a W2.
When you prepare your tax return, you will need to report all of the taxable income you have received during the tax year. Income information is provided to you on various forms, such as a W-2 or a 1099. A W-2 reports income you earned as an employee, but many other types of income are reported on a 1099 form.hen you prepare your tax return, you will need to report all of the taxable income you have received during the tax year. Income information is provided to you on various forms, such as a W-2 or a 1099. A W-2 reports income you earned as an employee, but many other types of income are reported on a 1099 form.