- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
Ok, I do see how/where I would report it in TurboTax. But I'm still not sure what I 'should' do. I seem to have gotten 2 different answers on whether I should or shouldn't report the $500 in 2024. If I do report it, can someone answer the question from my prior response regarding how the tax software would handle it for each year? If I report the $500 this year and then the 1099 for next year also includes the $500 I would be paying tax on that amount twice, wouldn't I?
March 3, 2025
8:20 AM