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Investors & landlords
Enter your daughter's TikTok income as Tax Champ @Critter-3 says. 1099-MISC income normally goes to the rental (Schedule E) or self-employment (Schedule C) forms because it is income from a business and has different rules.
That's why TurboTax says not to enter a 1099-MISC as Other Taxable Income.
Your daughter is probably not running a business on TikTok so it's "hobby" money. It's still taxable, but it's not a self-employed income.
For description your can just say TikTok income and enter the amount. If you're worried about the 1099, you can say "1099-MISC from TikTok" so the IRS will know you reported the form.
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March 31, 2022
4:12 PM
12,066 Views