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Do I answer yes if I sold Cutco knives? Question-I have made direct sales totaling $5000 or more of consumer products to recipient for resale

 
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DianeW777
Expert Alumni

Do I answer yes if I sold Cutco knives? Question-I have made direct sales totaling $5000 or more of consumer products to recipient for resale

Yes, you should answer yes if you have made direct sales of product of $5,000 or more. Then continue to enter your business income (if there is more from other sources) and business expenses.  

  1. Sign into your TurboTax return to enter your 1099-K (unless you've already done that part).
  2. Search (upper right) > Type schedule c > Click the Jump to... link to begin the rest of your self employment activity

Please update here if you have more questions and we can help.

 

@a_dabney16

[Edited: 03/23/2024 | 12:35 PM PST]

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