Hal_Al
Level 15

Retirement tax questions

Yes, you have to file taxes on that activity. 

The self employed are expected to report their income and expenses based on their own accounting records. The purpose of forms like W-2, 1099-K and 1099-Misc is to make sure the IRS knows about as much of your income as reasonably possible.

Even if you consider this a hobby, and not a business, there are tax reporting requirements. 

https://www.irs.gov/uac/business-or-hobby-answer-has-implications-for-deductions