posted

How do i file taxes if i did not get a 1099 for my cash income($15,000 total) and i do not own a business?

1 Best answer

Accepted Solutions

How do i file taxes if i did not get a 1099 for my cash income($15,000 total) and i do not own a business?

If you are receiving cash income, you do own a business. You are your own business. You will need to report your income on Schedule C as self-employment.

You will file your income and expenses on Schedule C describing the type of work that you do for the income you are receiving. Enter your income as 'cash' income when you are working on the Schedule C.

See the TurboTax articles below for more guidance:

Am I considered self-employed?

How do I report income from self-employment?

**Join us for our "All about the refund" event, sign up here

**Mark the post that answers your question by clicking on "Mark as Best Answer"

View solution in original post

1 Reply

How do i file taxes if i did not get a 1099 for my cash income($15,000 total) and i do not own a business?

If you are receiving cash income, you do own a business. You are your own business. You will need to report your income on Schedule C as self-employment.

You will file your income and expenses on Schedule C describing the type of work that you do for the income you are receiving. Enter your income as 'cash' income when you are working on the Schedule C.

See the TurboTax articles below for more guidance:

Am I considered self-employed?

How do I report income from self-employment?

**Join us for our "All about the refund" event, sign up here

**Mark the post that answers your question by clicking on "Mark as Best Answer"

Found what you need?

Already have an account? Sign In

(4.6/5 | 291,310 reviews)

Top help articles

view all

How do I clear and start over in TurboTax Onli...

TurboTax 2022 Online product guide

How do I fix e-file reject F8962-070?

Still have questions?

Make a post

Or browse the Forums

About Community

Learn about taxes, budgeting, saving, borrowing, reducing debt, investing, and planning for retirement.

3.49m
Members

2.63m
Discussions

Quick links

First Time Here?

Community Do's & Don'ts

Upcoming Events

Ready to file your taxes?

Estimate your tax refund and where you stand

Dynamic Ads

Dynamic Ads

Meet your expertsAll Experts >

Employee Tax Expert

Enrolled Agent since 2008, Intuit Tax Expert since 2011.

Employee Tax Expert

Been with Intuit for going on 6 years now. Been part of TTLive, Full Service TTL, was part of Accuracy guaran...

Employee Tax Expert

EA with 18 years of tax experience.

Employee Tax Expert

CPA

Employee Tax Expert

I am an Enrolled Agent. I worked for the I.R.S. for 33 years. I spent my last 11 years at the I.R.S. in Mand...

v