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aprcox20
Level 3
March 31, 2023
Question

What do I select for NEC uncommon situations?

  • March 31, 2023
  • 1 reply
  • 11 views
What does "This is not money earned as an employee or self-employed individual, it is from a sporadic activity or hobby (this is not common) mean?

1 reply

MaryK4
Level 15
March 31, 2023

TurboTax will create a Schedule C for Self-Employment income unless you meet certain conditions- if it is hobby income, you do not have to pay the self-employment tax on it.  See Do I have to report hobby income? - TurboTax Support - Intuit.

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