As a poet and editor, do I need to report money I receive from doing poetry readings? In most cases its $50

[Leonard · Accepted solution]

The IRS requires that all income be reported.  You will report your income and expenses related to generating your income on Schedule C Profit or Loss From Business.  You can complete a Schedule C using TurboTax Deluxe. 

• To access Schedule C enter schedule c in the search box.
• Then select Jump to schedule C in the results window.
• Follow the prompts to enter your Schedule C information.

[Edited 03/10/2020 | 9:35 am PDT]