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I took care of a friend cat and was paid for 7 months by the home owners insurance over $7000. Is that income I claim

Can I claim it as income?
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DoninGA
Level 15
Intuit Approved! This answer has been verified for accuracy by an Intuit expert employee

I took care of a friend cat and was paid for 7 months by the home owners insurance over $7000. Is that income I claim

Yes, that is self-employment income and has  to be reported on your tax return since the amount is over $400

 

See this TurboTax support FAQ for entering SE income - https://ttlc.intuit.com/turbotax-support/en-us/help-article/self-employment-taxes/report-income-self...

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1 Reply
DoninGA
Level 15
Intuit Approved! This answer has been verified for accuracy by an Intuit expert employee

I took care of a friend cat and was paid for 7 months by the home owners insurance over $7000. Is that income I claim

Yes, that is self-employment income and has  to be reported on your tax return since the amount is over $400

 

See this TurboTax support FAQ for entering SE income - https://ttlc.intuit.com/turbotax-support/en-us/help-article/self-employment-taxes/report-income-self...

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