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How do I input my net income from Etsy if I did not qualify for a 1099-K this year?

You don't qualify for a 1099-K unless you make over $20,000
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1 Best answer

Accepted Solutions
AnnetteB6
Expert Alumni
Intuit Approved! This answer has been verified for accuracy by an Intuit expert employee

How do I input my net income from Etsy if I did not qualify for a 1099-K this year?

If you did not receive a Form 1099-K to report the income you received from Etsy, then you will need to use your own records of income to report it on your Schedule C.  

 

Rather than entering that you received a Form 1099-K, you would indicate that your income is from another source such as cash.  This is entered in the General Income category and includes any income not reported on an official tax document yet still received by your business.

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1 Reply
AnnetteB6
Expert Alumni
Intuit Approved! This answer has been verified for accuracy by an Intuit expert employee

How do I input my net income from Etsy if I did not qualify for a 1099-K this year?

If you did not receive a Form 1099-K to report the income you received from Etsy, then you will need to use your own records of income to report it on your Schedule C.  

 

Rather than entering that you received a Form 1099-K, you would indicate that your income is from another source such as cash.  This is entered in the General Income category and includes any income not reported on an official tax document yet still received by your business.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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