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Get your taxes done using TurboTax
Yes, that makes sense. I am definitely not using this as 'gig income'. What gets confusing is that the 'gig income' section references being paid by an online marketplace, which I am.
So what if I meet the threshold next year (because they will be lower) and receive a 1099-k. Will I still not have to enter anything because my personal records show no profit? Or because the IRS would also receive the 1099-k I would need to enter it and zero it out somehow?
March 1, 2025
11:28 AM