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April 23, 2020
Question

I have a home and Lawn Care business and was paid by cash and checks , in amounts over $600.00 but don't have 1099s from these clients, what should I do for filing?

  • April 23, 2020
  • 1 reply
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1 reply

Hal_Al
Employee
April 23, 2020

You report the income from your own records. The IRS considers undocumented cash income (no W-2 or 1099-MISC), for work performed, to be self employment income. Enter at "Business Income & Expenses" and TurboTax (TT) will complete Schedule C or C-EZ for you and allow you to deduct any expenses associated with this income. You'll also have to pay self employment tax (social security & medicare tax) on any profits greater than $400.