To report, you may use her Etsy account to total the income received from this source, without receiving forms such as the 1099-K.
To
enter this income, please follow the steps below.
- First, sign in
to My TurboTax
- Next, click the orange Take me to
my return button
- On the white bar at the top, click Federal
Taxes
- Then, Wages & Income
- In the Self-Employment section
(you may need
to click Show more),
next to Income and Expenses, click Start (or Revisit)
- When asked "Did you have any self-employment income
or expenses?" select Yes
- You'll see the screen titled "Tell us the type of
self-employment work you do." Enter "Etsy" or similar
description, then Continue
- On the next screen "Let's get income for
Etsy," select the button Additional income. Includes
1099-K, check/cash payments and Continue
- The next screen will say "Tell us about additional
income for your Etsy work." List descriptions and
amounts on this screen.
Please follow the screenshots below for additional visual guidance.
Revert
back to step 3 if you get lost at any point.
If you do not see the Federal Taxes
tab, you may reach this entry by clicking the Business tab > I'll choose
what I work on > Business Income and Expenses > Profit or Loss
from Business > (interview screens) > Business Income > General
Income.
