@mdomanta14 wrote:
Yes! To clarify, I did start commissions and selling items this year!
But you said the money was paid last year? It may be a gift.
Certainly any money received this year will be self-employment income. If you think you might also receive gifts not related to your work, you may want to create a separate account for gifts, so you aren't mixing gifts and business income. You should keep your business accounts separate anyway (don't use the same PayPal account for your personal shopping as you might use to buy supplies or collect business revenues.)
