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After you file
I believe that the payment received for a blood plasma donation is taxable income. The income would be reported as other income as follows:
- Select Federal from the left side menu.
- Click on Wages & Income.
- Scroll down to Less Common Income. Click Show more.
- Click Start / Revisit to the right of Miscellaneous income….
- Click Start / Revisit to the right of Other reportable income.
- At the screen Other Taxable Income enter ‘Plasma donation’.
View the entries at Tax Tools / Print Center / Print, save or preview this year's return / Include government and TurboTax worksheets.
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March 7, 2022
12:39 PM