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eyelash12
New Member

I have earned a small commission from selling books through Usborne, where do I report this commission.

The amount only totals about $150 and the company only sends a form for commission above $600.  I have no idea where to report this amount.
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PatriciaV
Expert Alumni

I have earned a small commission from selling books through Usborne, where do I report this commission.

If you intend to pursue this activity as a business with the intent to earn a profit, then you would report this as self-employment income on Schedule C (subject to self-employment income tax).

However, if this is a hobby or occasional income with no profit motive, you may report this as "Hobby/Other Income" on your personal tax return. Hobby expenses are limited to hobby income.

This post may help you decide which is most appropriate: What's the difference between self-employment income and other income?

The easiest way to find either section of TurboTax is to use the Search box at the top right side of the TurboTax header. Click on the magnifying glass, type in "schedule c" or "hobby income", and click on the related jump-to link to go directly to beginning of the section.


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1 Reply
PatriciaV
Expert Alumni

I have earned a small commission from selling books through Usborne, where do I report this commission.

If you intend to pursue this activity as a business with the intent to earn a profit, then you would report this as self-employment income on Schedule C (subject to self-employment income tax).

However, if this is a hobby or occasional income with no profit motive, you may report this as "Hobby/Other Income" on your personal tax return. Hobby expenses are limited to hobby income.

This post may help you decide which is most appropriate: What's the difference between self-employment income and other income?

The easiest way to find either section of TurboTax is to use the Search box at the top right side of the TurboTax header. Click on the magnifying glass, type in "schedule c" or "hobby income", and click on the related jump-to link to go directly to beginning of the section.


**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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