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ems5289
New Member

Is selling digital goods on teachers pay teachers considered a business? How do I claim this income?

I made less than $400. Just wondering how to properly file!

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1 Reply
PatriciaV
Employee Tax Expert

Is selling digital goods on teachers pay teachers considered a business? How do I claim this income?

If you intend to pursue this activity as a business with the intent to earn a profit, then you would report this as self-employment income on Schedule C (subject to self-employment income tax).

However, if this is a hobby or occasional income with no profit motive, you may report this as "Other Income" on your personal tax return.

This post may help you decide which is most appropriate: What's the difference between self-employment income and other income?

The easiest way to find either section of TurboTax is to use the Search box at the top right side of the TurboTax header. Click on the magnifying glass, type in "schedule c" or "hobby income", and click on the related link to go directly to beginning of the section.


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