Yes, you should report all taxable income. If you did not receive Form 1099-MISC for this income, you may enter it as Other Reportable Income.
To find this in TurboTax, follow these steps:
- Federal Taxes
- Wages & Income
- Less Common Income
- Miscellaneous Income
- Other Reportable Income
Or search on "other reportable income", click on the "jump to..." link, then answer "No" to other wages. Click Start beside "Other reportable income" and follow the prompts.
If you did receive Form 1099-MISC, enter the income under that topic (search for "1099-misc"). After
entering the info from the 1099-MISC, continue until you see the question about
this being connected to your main
job, and say "no." Check only the box for 20XX income. Then answer that this
was not an
"intent to make a profit." Those three answers should classify this
as "Other Income", which will appear on Line 21 on Form 1040.
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