It would either be 'hobby' income or 'business' income. If you are not sure which it is, take a look at the following TurboTax article to help you decide: 4 Tax Tips for Money-Making Hobbies
To report your income as hobby income, use the following steps:
- On the top row of the TurboTax online screen, click on Search (or for CD/downloaded TurboTax locate the search box in the upper right corner)
- This opens a box where you can type in “hobby income, loss” (be sure to enter exactly as shown here) and click the magnifying glass (or for CD/downloaded TurboTax, click Find)
- The search results will give you an option to “Jump to hobby income, loss”
- Click on the blue “Jump to hobby income, loss” link
Be aware that even though there is a place to enter hobby expenses, none will be claimed for the 2020 tax return.
To report your income as business/self-employed income, use the following steps:
- On the top row of the TurboTax online screen, click on Search (or for CD/downloaded TurboTax locate the search box in the upper right corner)
- This opens a box where you can type in “schedule c” and click the magnifying glass (or for CD/downloaded TurboTax, click Find)
- The search results will give you an option to “Jump to schedule c”
- Click on the blue “Jump to schedule c” link
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
