are giftcards put in self employment or just taxable income? I do two platforms constantly but others are more passive but its all with completing tasks.
Everything you receive of value is considered taxable income, including gift cards or barter items (using the fair market value). The question is whether this is hobby income, or self-employment. There are some tests listed here.
https://www.irs.gov/newsroom/hobby-or-business-heres-what-to-know-about-that-side-hustle
If it is a hobby, you report the income as hobby income, including the value of gift cards, and including money or gifts that are not included on a 1099-K. You can't deduct expenses, but you don't pay self-employment tax, just income tax. If it is a side business, you report all income (even if it is not on a form), you can deduct expenses (if you have any) and you pay income tax and self-employment tax.
So far I put the 1099 income and then everything else giftcards and cash from the other platforms I put it under other income but again it would all be self employed taxed. So how can i organize it?
If you decide to treat this as self-employment, then you need to upgrade to Premium, because you need to create a schedule C for the business. You don't enter the 1099-K and value of other items as personal income, you enter them as business income. You create the business in the program, which gives you a schedule C. You answer some basic questions about the business, then you enter your business income. There is a place to enter income that is reported on a form, and there is a place to report cash or barter income that is not on a form.