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Is this activity a qualified trade or business under Section 199A? I received some royalties from Amazon.com for my Kindle ebook publishing.
Turbotax in the Fed review section asks me to answer Yes or No. “schedule C (Writing and publishing my own ebooks): Qualified business income - yes or no. We are missing some important info. Please return to your business and complete that topic. ” I’m not running a business, nor do I have a business license. But I am a writer who is slowly self-publishing my ebooks. I received a small amount from Amazon in 2022. Should I answer yes or no? Thank you.
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March 22, 2023
3:24 PM