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New Member
posted Sep 2, 2023 6:45:26 AM

I have been donating plasma, will I need to report this on my 2023 return?

Will i need to report payment for donating plasma?

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2 Replies
Level 15
Sep 2, 2023 9:57:32 AM

Compensation for plasma is reportable income. If done as an infrequent event you could report as other income. Otherwise it is self employment income. 

Level 9
Sep 2, 2023 3:32:14 PM

It is other income but not self-employment income.  You pay taxes on it but not employment taxes.