ErnieS0
Expert Alumni

Get your taxes done using TurboTax

Did you get a 1099 @Basement_Buzzard? TurboTax will take you to Schedule C unless you tell TurboTax "This is not money earned as an employee or self-employed individual, it is from a sporadic activity or hobby (this is not common)" in the 1099-NEC section.

 

If you are reporting hobby income, you do enter your income and expenses directly without entering a 1099:

  1. Type "hobby income, loss" in Search in the upper right
  2. Select "Jump to hobby income, loss"
  3. Say YES to Do you have hobby income or expenses for 2021?
  4. Enter you hobby income and expenses

You can no longer deduct hobby expenses on your federal return, but those expenses will carry over to state, in case you state allows a deduction.

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