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Get your taxes done using TurboTax
No, you have to claim the income on your federal and state income tax returns. The IRS requires that you report all of your income if you're required to file a tax return.
- See Do I need to file a federal return this year?
- The $2,900 1099-K may be considered self-employed income.
- We'll automatically complete Schedule C when you set up your self-employment work in TurboTax or when you enter what the IRS considers self-employment income.
Additional information: How do I enter a 1099-K in TurboTax Online?
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‎February 17, 2022
11:06 AM