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My partner uses his paypal for our business, but he sends my profits using Venmo. How would i fill 1099 for venmo.

 
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My partner uses his paypal for our business, but he sends my profits using Venmo. How would i fill 1099 for venmo.

You can claim your self-employed business income without an actual form 1099-MISC by following these steps (you are going to enter this income as general business income) -
  • Log into your account and click Take Me To My Return (you must click this before searching if you are not already in your account)
  • Click the search box at the top right of your screen (magnifying glass icon) - if you are using desktop program, then use the Search Topics button instead
  • Search for “Schedule C" in the search box
  • Click the "jump to schedule c" ink in the search results.
  • Follow the first set onscreen instructions - you might have to set up a Business profile if you already haven’t 
  • You will arrive at the Your Business summary page where you will see the various income and expenses categories.

Then to enter business income not already on a 1099-MISC -

  • Click Start/Update next to Business Income 
  • Click State/Update next to General Income
  • The next page should be Tell us about additional income - you can enter income not designated on a 1099-MISC here (such as cash and checks or Venmo money transfers)
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