KrisD15
Expert Alumni

Get your taxes done using TurboTax

Yes, it is taxable income.

No, it is not self-employment income. 

 

Please enter the 1099-MISC following these steps:

Enter the 1099-MISC Under
Wages & Income
Other Common Income
Income from Form 1099-MISC    START


Enter the 1099-MISC as it was reported, 

Type "Christmas bonus" or something similar in for the description, 

Select "None of these apply" for uncommon situations, 
"NO" not like main job, 
Only got it in 2024,  
"NO" no intent to earn money, 
DONE


These are TurboTax questions, not IRS questions. These need to be the answers to let TurboTax know it is not Self-Employment.
 

 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"