Yes, you can report tips from a 1099-NEC or 1099-K, but you will have to use Online Premium, or Desktop Home & Business to report Self-Employed Income.
Log in to TurboTax
- Under Federal
- Wages & Income
- Self-Employment Income (Schedule C).
- Select 1099-NEC or 1099-K and enter the amount exactly as shown on the Form.
- Continue through the interview.
- TurboTax will prompt you with questions like
- Let's check if you can deduct any tips" or
- It will ask if the amount in Box 1 includes tips.
- Choose "Yes" to report tips,
- Enter the specific amount of tips from your records.
- Keep accurate daily logs of your tips to support your tax claims.
- If you have a form from (DoorDash, Uber), report the total amount on your Schedule C. Use your personal records to enter the tip amount.
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