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Get your taxes done using TurboTax
I have no argument that it is income from work. Income for my review.
An asset, my work, has been converted into a different form of value; a Vine item (income per 1099-NEC).
My review work is done in the context of, and under the umbrella of, my Rental Enterprise.
It just so happens that I need to expend the entirety of this Vine item immediately and wholly in the Rental Enterprise. I am expending this Vine asset on the Rental Business. Nowhere else. I'm not giving it away or selling it for money.
Income is earned by the Rental, and Income is spent on the Rental.
‎January 26, 2025
11:26 AM