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Level 1
posted May 8, 2021 2:25:58 PM

If I resell clothes on depop would my type of income be a 1099-NEC or a 1099-MISC?

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2 Replies
Expert Alumni
May 8, 2021 3:33:57 PM

Your income is self-employment income. Prior to 2020, this could have been reported on a 1099-MISC. It is now reported on 1099-NEC. If you do not contract to someone else or do not receive a form, enter your income as cash.

 

Level 15
May 8, 2021 3:37:42 PM

Did you get a 1099?  Actually you can just enter it as Other self employment income or as Cash or General income.  You don't need to get a 1099NEC or 1099Misc or 1099K.  Even if you did you can enter all your income as Cash.  Only the total goes to schedule C.

 

How to enter income from Self Employment

https://ttlc.intuit.com/community/self-employed/help/how-do-i-report-income-from-self-employment/00/26653