If you intend to
pursue this activity as a
business with the
intent to earn a profit, then you would report this as
self-employment income on Schedule C (subject
to self-employment income tax).
However, if this is
a hobby or occasional income with no profit
motive, you may report this as "Hobby/Other
Income" on your personal tax return. Hobby expenses are limited to hobby income.
This post may help
you decide which is most appropriate: What's the difference between
self-employment income and other income?
The easiest way to
find either section of TurboTax is to use the Search
box at the top right side of the TurboTax header. Click on the magnifying
glass, type in "schedule c" or "hobby income", and click on
the related jump-to link to go directly to beginning of the section.
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