You'll need to sign in or create an account to connect with an expert.
Yes, you must report the self-employment income. Even though it is less than the standard deduction of $12,000, you will be subject to paying self-employment taxes such as Social Security and Medicare.
Since your income is so low you are eligible for a turbotax product called tax freedom. It is different then the turbotax site and you have to log out of turbotax and start fresh in that program. Otherwise you would have to use a paid version of the program to show your self employment income.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
aerdengi
New Member
jenmarie7591
New Member
teagarden85
New Member
chaney2715
New Member
Pamela-Rice79
New Member
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.