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April 11, 2024
Question

How to list income from one time payment for parent care ?

  • April 11, 2024
  • 1 reply
  • 0 views
do you have to list $2800.00 income for one time parent care?

1 reply

AmyC
Employee
April 12, 2024

You must report all income. The $2800 would go on a sch C so that you can pay the Medicare and social security taxes as well. For entry, scroll down to the cash section in How do I report income from self-employment?

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