Coleen3
Intuit Alumni

Business & farm

Again, this is a business. It may not seem like one becase you did not take any official steps to open a business, but it is. Your income and expenses are reported on Schedule C Profit or Loss from Business. There are only two ways to report income from labor, as an employee and as an Independent Contractor. If you do not get a W-2 for your work, you must report your income on Schedule C.