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Do i need to claim this on my taxes.? I signed up to be an It Works distributor in june. I made $434.35 in commissions and $400 in bonuses.
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Do i need to claim this on my taxes.? I signed up to be an It Works distributor in june. I made $434.35 in commissions and $400 in bonuses.
You cannot enter a 1099Misc when you are using the Free Edition. If you qualify, there is another free software program available from TurboTax which will allow you to enter self-employment income reported on a 1099Misc.
Try the Freedom Edition:
https://turbotax.intuit.com/taxfreedom
You qualify if your income was $33,000 or less, or $64,000 or less if active duty military, or if you qualify for Earned Income Credit
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Do i need to claim this on my taxes.? I signed up to be an It Works distributor in june. I made $434.35 in commissions and $400 in bonuses.
You cannot enter a 1099Misc when you are using the Free Edition. If you qualify, there is another free software program available from TurboTax which will allow you to enter self-employment income reported on a 1099Misc.
Try the Freedom Edition:
https://turbotax.intuit.com/taxfreedom
You qualify if your income was $33,000 or less, or $64,000 or less if active duty military, or if you qualify for Earned Income Credit
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Do i need to claim this on my taxes.? I signed up to be an It Works distributor in june. I made $434.35 in commissions and $400 in bonuses.
Yes.
The IRS requires that ALL income is reported on your Federal Tax return.
If you received a 1099, or earned it as an independent contractor, you will need to file a Schedule C in order to report the income and the expenses related to this work.
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Do i need to claim this on my taxes.? I signed up to be an It Works distributor in june. I made $434.35 in commissions and $400 in bonuses.
How to enter income from Self Employment
https://ttlc.intuit.com/questions/2903027-how-do-i-report-income-from-self-employment
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