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How do I report a small amount of income from painting?
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How do I report a small amount of income from painting?
You need to report all earned income from a side job, freelance work or any other self-employment. Even if you didn’t receive a 1099-MISC, you still report any cash, personal checks or credit card payments related to your side job. Follow this link for steps to enter your income from self-employment.
When you’re self-employed, you’ll also want to review your expenses. If they are work-related expenses, you can deduct them.
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How do I report a small amount of income from painting?
- Mark as New
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How do I report a small amount of income from painting?
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
How do I report a small amount of income from painting?
You need to report all earned income from a side job, freelance work or any other self-employment. Even if you didn’t receive a 1099-MISC, you still report any cash, personal checks or credit card payments related to your side job. Follow this link for steps to enter your income from self-employment.
When you’re self-employed, you’ll also want to review your expenses. If they are work-related expenses, you can deduct them.
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