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Get your taxes done using TurboTax
It depends. If you are not in the business of selling logs and this was a 'one time' event you can report it as 'Other Income'. Keep records and your 1099-NEC, with your tax files, should you need it later.
Other Miscellaneous Income:
- Sign into your TurboTax Online account
- Go to Tax Home (left panel) Wages and Income section
- Scroll to Less Common Income > Select Miscellaneous Income, 1099-A, 1099-C
- Select Other reportable Income > Enter a description (----) and the amount
If on the other hand you are in the business of selling logs, then you should report your income using the steps for self employment in the link.
Screen image if you use Other income.
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‎February 11, 2025
10:05 AM
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