106143
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

I had additional income via recycling scrap metal, do I file it with the 1099-K?

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

3 Replies
DawnC0
Intuit Alumni

I had additional income via recycling scrap metal, do I file it with the 1099-K?

Cash or 1099 income for scrap metals?   and what was your 1099-K for?

I had additional income via recycling scrap metal, do I file it with the 1099-K?

Yes cash for scrap metal . I was asking g if that would be the form to use?
DawnC0
Intuit Alumni

I had additional income via recycling scrap metal, do I file it with the 1099-K?

Okay, thanks for clarifying.  You record this income in the same place as the 1099-K, but not on 1099-K form.  

Go to Federal Taxes>>Wages & Income>>Self-employment income (1099-MISC, etc.) and expenses.  From here, either create or edit your ''SCRAPPING" business.  You can add cash received as a line item under ''Additional Income". 

I attached a screenshot so you can see what it looks like in TurboTax.

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question