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Schedule C: Reporting income received as non-cash payment
My Schedule C small business performed some minor work for a venue operator and was paid with event tickets worth $120 if purchased at the box office. I won't be getting a tax form. How is that in-kind income reported on the Schedule C; do I simply add it to my cash receipts from other jobs? Thanks for info.
‎January 18, 2022
1:18 AM