How much money can you earn before you have to declare it?

I was told that a person is allowed to make some money (from miscellaneous jobs, garage sales, ebay, etc.) without having to declare it.





I am currently doing some translations for people and, so far have made 400$, but I am not a business, this is more like helping someone and getting some money in exchange. It is done over the internet, but I do not provide these people with an invoice (nor do they ask for one).

How much money can you earn before you have to declare it?
Thats incorrect. You should declare all of your income, regardless of how much or how little it is. Although you may not consider it a business, it technically is one. In essance you are willing to provide a service (translation) in exchange for money. Whether or not you provide invoices to your "clients" has no bearing.





If this business makes very little money as you say it does than more than it would be fair to say that you probably wouldn't get audited by the IRS for not reporting this as income, but the correct way of handling this is that you should be declaring this money as income.
Reply:You should declare all your income. If you don't make enough, you won't have to pay any taxes.

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