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Get your taxes done using TurboTax
Yes. Hobby income is taxable, so you have to report it. PayPal sends a copy of Form 1099-K to IRS so they will know about it @HarperGriffin.
- Tap Federal in the left column
- Select Wages & Income at the top
- Go to Less Common Income
- Start Miscellaneous Income, 1099-A, 1099-C
- Select Hobby income and expenses
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‎April 17, 2022
8:31 AM