@ag1977 wrote:
My wife worked as an instructor on and off at a yoga studio last year. The studio is owned by someone else, and she was paid on a per-class basis. She made less than $600 so she didn't receive a W2 or a 1099. How do I report this income?
Essentially, your wife is self-employed as an independent contractor. She needs to file a schedule C to report her business income and pay self-employment tax. That information will then flow to the main form 1040 where it is combined with all your other income and deductions. She is expected to keep accurate business records and report her income even if she does not get tax paperwork from someone else.
The link provided by the Turbotax expert is a good place to start.
One other note: If you don't have expenses to subtract against the income, you can report the self-employment income in the online Deluxe version. If she has expenses to subtract against the income, that would require an upgrade to the Self Employment version which is the most expensive version of Turbotax online. If using the desktop version installed on your own Mac or PC, any version Deluxe or higher will work (just not Basic).
