MindyB
Expert Alumni

Get your taxes done using TurboTax

If you were selling personal items, and you didn't get a 1099-K or make a profit, you don't need to include this on your return.

 

If you were selling things as a business, you can include the income on Schedule C. you will file a Schedule C.  There, you will list your income and expenses separately.  Since you didn't get a 1099, list the income as "other self-employed income." Here is how to do this in TurboTax Online: 

 

  • Navigate to Federal > Wages & Income > Self-employment income and expenses > Start
  • Answer "Yes" to the question "Did you have any self-employment income or expenses?"
  • Give a description of the business
  • Continue until the interview asks "how does your work fit into your big picture?", based on the information you provided, it's a side job and/or a business.
  • Answer all the informational questions until you get to the screen  "Let's enter the income for your work."  Here, enter that you received common income- Other self-employed income, including cash and checks; then enter what you were paid.
  • Once you've entered your income, type in your expenses in the proper categories, TurboTax Online will recommend popular categories, but refer to your records to ensure you are deducting all of your expenses