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Level 1
posted Apr 12, 2024 11:10:40 AM

How or where do I report hobby income (>$400) in the TurboTax system of Q&A? ( as per Intuit.com... report the income on Schedule 1, line 8 of Form 1040)

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1 Replies
Expert Alumni
Apr 12, 2024 11:16:29 AM

Please follow the steps below to enter your hobby income: 

  

  1. Login to your TurboTax Account  
  2. Click "Federal" from the left side of your screen 
  3. Scroll  down to "Less Common Income" and click "Show More" 
  4. Scroll down to "Miscellaneous Income, 1099-A, 1099-C" and click "Start" 
  5. Select "Other income not already reported on a Form W-2 or Form 1099" and click "Start" 
  6. On the "Did you receive any other wages?" screen answer "Yes" and click "Continue" 
  7. Continue until you get to the "Any other earned income" screen, answer "Yes" and click "Continue" 
  8. On the "Enter Source of Other Earned income" screen select "Other" and click "Continue" 
  9. On the "Any Other Earned Income" screen enter "hobby" for the description, enter the amount and click "Done".