DawnC0
Intuit Alumni

Retirement tax questions

Although you are correct and income can exist even though you don't receive a 1099, the activities you described are not tax triggering.  Discounts off of the price of goods and services are not taxable as income.  

However, had it been a taxable event, you would report the income under ''Other Income'', line 8 on Schedule 1 of your Form 1040.  

View solution in original post