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I am a yoga instructor but I do not work for a studio. How do I report the income
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June 6, 2019
4:43 AM
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Get your taxes done using TurboTax
You are considered self-employed and should your report your income as such. You would report your cash, check and/or forms 1099-MISC and any expenses you might have using the steps below:
- Federal Taxes
- Wages and Income
- Business Items, Select Business Income and Expenses - follow the interview questions; you would report the income as if you own a business; you will be able to enter your income and expenses (if applicable).
June 6, 2019
4:43 AM