I'm planning to work part-time as a teacher assistant, but it's not going to be a lot of money. It could be a couple hundred dollars. I'm currently a college student, who's parents is under the section 8 housing program. Do I need to report it in my income taxes. w2? Do we have to pay more for housing because section 8 will cover less due to minor income increase. I know that if I am a independent contractor or owns a independent business I don't have to report it if it's less than $400. I think that's true. Please provide advice. Thank you!