topic Re: Thanks. in Get your taxes done using TurboTax

I earn money from usertesting.com. They don't provide tax docs and pay via 3rd party (paypal). They state I'm considered an independent contractor. How do I report this?

chad1p — Sat, 01 Jun 2019 20:24:10 GMT

I've started earning money from a website called usertesting.com. In their tax information, they state they do not send out 1099's and each person should consider themselves an independent contractor. They pay via PayPal (3rd party). Is there a minimum amount I must earn before having to claim the income for taxes? How do I report this income?

Your income will be reported on Schedule C, which is wher...

JulieCo — Sat, 01 Jun 2019 20:24:12 GMT

Your income will be reported on Schedule C, which is where self-employment income is reported on your tax return. To enter your income, see the steps below:

https://ttlc.intuit.com/replies/5657360

See a sample screenshot below.

From the UserTesting website: We do not send out 1099-MIS...

chad1p — Sat, 01 Jun 2019 20:24:12 GMT

From the UserTesting website: We do not send out 1099-MISC's to participants, as we pay you through PayPal, a third-party payment provider (see 1099-MISC Exemptions section here). You are still, as always, responsible for reporting all earned income and should consult a tax professional for any tax advice. Here is more information regarding PayPal's reporting requirements, and here is more information from the IRS about reporting miscellaneous income.

You still report the income in TurboTax using the steps a...

JulieCo — Sat, 01 Jun 2019 20:24:13 GMT

You still report the income in TurboTax using the steps above. The steps are for any self-employed income that is not reported on a 1099 MISC.

Thanks.

chad1p — Sat, 01 Jun 2019 20:24:15 GMT

Thanks.

Re: Your income will be reported on Schedule C, which is wher...

LivyJoy144 — Tue, 24 Jan 2023 18:14:46 GMT

@JulieCo Hello, I too have also earned income with usertesting.com this year. The link you provided no longer seems to be available with the steps. Could you assist?

Re: Thanks.

DianeW777 — Tue, 24 Jan 2023 18:27:12 GMT

Since this is considered self employment income, then you will report that income on a Schedule C.

Where do I enter Schedule C?
1. Open or continue your return
2. Search for schedule c and select the Jump to link in the search results
3. Answer Yes to Did you have any self-employment income or expenses?
  - If you've already entered self-employment work and need to enter more, select Add another line of work
4. Follow the on-screen instructions

Next year, should you perform the same services you will likely receive a Form 1099-K when amounts exceed $600. Be sure to keep accurate records for all of your third party network transactions where money is deposited for you.

@LivyJoy144