Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Jan 30, 2025 5:22:00 PM

If I made $350 from Venmo and did not receive a 1099K, do I report it as "Other self-employed income?"

0 3 1885
3 Replies
Expert Alumni
Jan 30, 2025 5:26:06 PM

To clarify, what did you do to make $350?

Is it your business or a hobby?

New Member
Jan 30, 2025 5:37:57 PM

It is my business income. I'm a freelance editor. 

Expert Alumni
Jan 31, 2025 7:10:46 AM

Yes, you do need to report it on your tax return and it is self-employment income since it is associated with your profession.