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I have been selling my art products thru PayPal.com, is not to much money but I know I have to pay taxes. How do I do it? Where I add those earns?
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June 6, 2019
6:42 AM
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Get your taxes done using TurboTax
If you have been selling products as a business, then you will enter your income and any associated expenses such as PayPal fees on a Schedule C. You may or may not receive a Form such as a 1099K from Paypal, but either way you can enter your self-employed income/expenses for Schedule C by following the instructions below -
- Log into your account and click Take Me To My Return (you must click this before searching if you are not already in your account)
- Type “Schedule C" in the search box, top right of your screen, then click the magnifying glass
- Click the "jump to schedule c" link in the search results.
- You will arrive at the Your Business summary page where you can add a business (selling your art products)
- Follow the onscreen instructions to enter your business income and expenses
June 6, 2019
6:42 AM