SharonD007
Expert Alumni

Get your taxes done using TurboTax

Your income from watching the elderly gentleman  is considered self-employment income and should be reported on a Schedule C.  You will have to pay self-employment taxes on your net income. You are allowed to deduct any expenses that you may have incurred in your babysitting gig. 

 

Refer to the TurboTax article How do I report income from self-employment? for instructions on how to enter your income.

 

For additional information, please review the TurboTax Help article Reporting Self-Employment Business Income and Deductions.

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