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Godzgirl37
Returning Member

Paying taxes and getting a 1099 for using Venmo

How do I get the 1099 from my son who sends me money every month for a side income from Venmo.

4 Replies
xmasbaby0
Level 15

Paying taxes and getting a 1099 for using Venmo

Are you doing some sort of work for your son for which he pays you via Venmo or is your son just giving you a "gift" every month to help you out?

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
Godzgirl37
Returning Member

Paying taxes and getting a 1099 for using Venmo

I do dog sitting and he pays me $80 every month.

I need to show that I’ve paid taxes for my medical assistance.

Godzgirl37
Returning Member

Paying taxes and getting a 1099 for using Venmo

I haven’t gotten a response?

can someone please advise.

VolvoGirl
Level 15

Paying taxes and getting a 1099 for using Venmo

Actually I would just enter your total income as Other self employment income or as Cash or General income.  You don't need to get a 1099NEC or 1099Misc or 1099K.  Even if you did you can enter all your income as Cash.  Only the total goes to schedule C.

 

You can enter Self Employment Income into Online Deluxe or Premier but if you have any expenses you will have to upgrade to the Self Employed version or use any of the Desktop CD/Download programs.

 

How to enter income from Self Employment

https://ttlc.intuit.com/community/self-employed/help/how-do-i-report-income-from-self-employment/00/...

 

 

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