Get your taxes done using TurboTax

Yes, you need to claim this self-employed income on your tax return on a Schedule C.

You have to file an income tax return if your net earnings from self-employment were $400 or more. If your net earnings from self-employment were less than $400, you still have to file an income tax return if you meet any other filing requirements (Did you have another job or source of income?).

If you received a 1099-NEC or 1099-MISC for your self-employed income

1. Open or continue your return in TurboTax.
2. Search for self employed income (use this exact phrase, don't add a hyphen) and select the Jump to link at the top of the search results.
3. Answer Yes on the Did you have any self-employment income or expenses? screen.
   • If you land on the Your 2023 self-employed work summary page, select Review next to the work you're adding income for.
4. Answer the questions on the following screens until you arrive at Let's enter the income for your work.
5. Select the form that applies to your situation and select Continue.
6. You can enter the info from your 1099 form on the following screens.

If your self-employment income was only from cash, personal checks, credit card payments, or cryptocurrency 

1. Open or continue your return in TurboTax.
2. Search for Schedule C and select the Jump to link at the top of the search results.
3. Answer Yes on the Did you have any self-employment income or expenses? screen.
   • If you land on the Your 2023 self-employed work summary page, select Review next to the work you're adding income for.
4. Answer the questions on the following screens until you arrive at Let's enter the income for your work.
5. Select Other self-employed income and select Continue.
6. On the next page you can enter any cash, personal checks, credit card payments, or cryptocurrency (Form 1099-K) related to your self-employment.

After you have entered all of your self-employed income, the program will ask if you have any business expenses that you can deduct.