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I got a 1099-MISC for my hobby of reviewing products on Amazon. Do I have to put it in small business or can I put this in "uncommon income" as the hobby it is?
It's not a business (I make no money and never intended to; I just do it for fun). I receive products and write a reviews. The 1099 is Amazon's estimate for the fair market value of the products. TurboTax wants to put it as a small business with a crazy high tax burden because of social security, etc. Can it be added as a hobby instead? Thanks!
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May 31, 2019
9:26 PM