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Deductions & credits
He probably did not give you commission if the state regulates sale agents as most states do.
You should ask if that was a gift, in which case you would need to do nothing. Gifts are not reported by the person that received the gift.
If the other person deducted the 2,000 as a selling expense, you would need to claim it.
How to report the income in that case, would depend in part by the tax form that person gave you, 1099-MISC or 1099-NEC or something else.
If it was cash (or check) and no tax form, you could enter it as
Income
Less Common Income
Miscellaneous Income, 1099-A 1099-C START
From there you could choose HOBBY INCOME or OTHER REPORTABLE INCOME
@amcaroy03131
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‎January 29, 2025
8:48 AM