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Receiving donations

I'm using the TurboTax Free File program again this year, but can't find any way to enter multiple donations received. I'm a Buddhist teacher, and my congregations supports me with random donations ranging from $5 to $200. These come to me either by check or through PayPal. I just spent 31 minutes on the phone with an agent at Intuit, who wound up frustrated herself because she couldn't get any answers for me. She told me to call the IRS; but the IRS can't help me use the TurboTax program. The 1099-MISC option doesn't apply, since it wants me to enter a payer's name. I'm receiving donations from multiple payers, as well as payments for retreats I teach. How do I get the program to just take me through the necessary Schedule C protocols?

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1 Best answer

Accepted Solutions
ColeenD3
Expert Alumni

Receiving donations

Is this income or gifts. Gifts are not taxable nor reported. You can enter Schedule C income as cash.

 

To set up your business:

  1. Open or continue your return.
  2. Search for schedule c and click the Jump to link in the search results.
  3. Answer Yes to Did you have any self-employment income or expenses?
    • If you've already entered self-employment work and need to enter more, select Add another line of work.
  4. Follow the onscreen instructions.

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1 Reply
ColeenD3
Expert Alumni

Receiving donations

Is this income or gifts. Gifts are not taxable nor reported. You can enter Schedule C income as cash.

 

To set up your business:

  1. Open or continue your return.
  2. Search for schedule c and click the Jump to link in the search results.
  3. Answer Yes to Did you have any self-employment income or expenses?
    • If you've already entered self-employment work and need to enter more, select Add another line of work.
  4. Follow the onscreen instructions.

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