topic Where to input flea market booth income/expenses? in Get your taxes done using TurboTax

Where to input flea market booth income/expenses?

sonnieburris — Tue, 03 Feb 2026 08:49:02 GMT

Re: Where to input flea market booth income/expenses?

MindyB — Sun, 23 Feb 2025 02:06:43 GMT

You should report the income from the flea market booth on Schedule C. For tax purposes, you are self-employed. You are also able to deduct expenses from this work, such as supplies.

Here's how to report your flea market business in TurboTax Online:

Navigate to Federal > Wages & Income > Self-employment income and expenses > Start
Answer "Yes" to the question "Did you have any self-employment income or expenses?"
Give a description of the business, such as "Flea Market Sales" or a description of your choice
Continue until the interview asks "how does your work fit into your big picture?", based on the information you provided, it's a side job and/or a business.
Answer all the informational questions until you get to the screen "Let's enter the income for your work." Here, enter that you received common income- Other self-employed income, including cash and checks; then enter what your were paid.
Once you've entered your income, type in your expenses in the proper categories, TurboTax Online will recommend popular categories, but refer to your records to ensure you are deducting all of your expenses

Re: Where to input flea market booth income/expenses?

tnsdean — Sun, 23 Feb 2025 02:11:27 GMT

If the income is part of what you would consider a re-sale business, you would put the income down as part of the business taxes (which would include deductions for expenses like booth rental fees, etc.) If it's not a business and you consider it a hobby, it could be hobby income. It also depends on how much the income is and whether there are records of it. If it's a small amount and there is no paper trail, you may choose not to report it all. Most people probably wouldn't.

Re: Where to input flea market booth income/expenses?

pk — Sun, 23 Feb 2025 02:11:30 GMT

@sonnieburris , generally this would be a sole proprietorship business and there fore the gross income and the expenses ( allowable ones ) associated with this income stream , would be reported on Schedule-C . Note that net gain is subject to Self-employment Tax ( Equivalent of FICA for wage earners but at 15.3% ) -- Schedule-SE.

TurboTax when informed of self-employment / sole Proprietorship business will help you fill out all the required forms.

This assumes that you are operating with profit motive and not hobby

Is there more I can do for you ?