2024 was the 1st year that I participated in the Amazon Vine program. I admittedly did not understand the tax implications and now owe federal tax for the first time in my life. I have done research and know that some people claim it as hobby income but I know my luck and have decided to suck it up and put it in as income and just pay the tax amount due. My problem is one where I cannot figure out how to enter it into Turbo Tax 2024. I put in the amount and see the amount I owe but then during review it keeps asking for a business code, business name and all sorts of other information which is not applicable. Can anyone please just tell me how and where exactly to enter the information so that I can file my taxes? Any help would be appreciated
Self-employment income and expense is reported within the self-employment activity and reported on IRS Schedule C Profit and Loss From Business.
The questions that you are mentioning are required to establish the self-employment activity. You may elect to use 999000 for the generic code.