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Other income cash.

Forum|Forum|3 years ago
March 7, 2023
2 replies
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I was paid a small amount of money $200 in cash (total), for helping a relative with some simple home repairs while I was unemployed. I don't know how to report this on the schedule 1 form. Where / how do I enter it? I did not receive any 1099-misc or 1099-NEC forms because it's just helping out a home owner who paid me cash. My main source of income was of course on a W2. This other income (home repair ) is not what i do for a living, its denfinately a hobby for me and not my profesion or a small business. Can someone please guide me on how and wher to enter this income on turbo tax delux.

Best answer by JamesG1

You may report what you received as other income. In TurboTax Online, follow these steps.

Select Federal from the left side menu.
Click on Wages & Income.
Scroll down to Less Common Income. Click Show more.
Click Start / Revisit to the right of Miscellaneous income….
Click Start / Revisit to the right of Other reportable income.
At the screen Other Taxable Income enter a description.

View the entries at Tax Tools / Print Center / Print, save or preview this year's return / Include government and TurboTax worksheets.

@DrTDI

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Novice8

You should confirm through the IRS website, but as I understand, receiving less than $600 in a year from one employer will not generate a need to provide you with a 1099. You could consider that payment you received, in exchange for a service provided and move on. If you continue to generate more side jobs like that, you would need to look into self-employment filing.

J

JamesG1Answer

You may report what you received as other income. In TurboTax Online, follow these steps.

Select Federal from the left side menu.
Click on Wages & Income.
Scroll down to Less Common Income. Click Show more.
Click Start / Revisit to the right of Miscellaneous income….
Click Start / Revisit to the right of Other reportable income.
At the screen Other Taxable Income enter a description.

View the entries at Tax Tools / Print Center / Print, save or preview this year's return / Include government and TurboTax worksheets.

@DrTDI

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D

DrTDIAuthor

Thank you James G1, that’s what I did in Turbo tax Deluxe, took me forever to find the other income location, and your reply confirmed that I handled it correctly. Thanks again