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S B 2016
New Member

I got a 1099-MISC for my hobby of reviewing products on Amazon. Do I have to put it in small business or can I put this in "uncommon income" as the hobby it is?

The threshold you are referring to all depends on your other income. 

I am also a Vine reviewer. I keep an Excel spreadsheet with all my orders, and I have a running year-to-date total at the top of the sheet, so I always know how much I have ordered. Since Amazon is not withholding any taxes, I have to be mindful of our total annual income, and how much tax we have withheld from other income sources. 

If you order Vine items throughout the year, it is important to keep track of the ETV. It can add up fast! It could even put you into a higher tax bracket.

I got a 1099-MISC for my hobby of reviewing products on Amazon. Do I have to put it in small business or can I put this in "uncommon income" as the hobby it is?

Yes, you can enter the 1099-MISC in "Uncommon income." Here are the steps. (The last screen says do not enter 1099-MISC, but ignore that.)

 

  1. Open TurboTax.
  2. "Pick up where I left off."
  3. Federal > Wages & Income > " Less Common Income" > Miscellaneous Income, 1099-A 1099-C > Start or Revisit.
  4. "Other reportable income" > Revisit.
  5. On the screen below, select "Yes."

 

 

 6. On the screen below, enter the description and amount.

 

 7. Continue > Done.

 

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Tfal669
New Member

I got a 1099-MISC for my hobby of reviewing products on Amazon. Do I have to put it in small business or can I put this in "uncommon income" as the hobby it is?

So the total value of items received for review is considered income?

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