Under business income - "Other self-employed income including cash, checks, etc." I entered $12,690.00, but under "Income for this work" it only shows $5112.00.

jwmajir · ‎January 25, 2026

Why the difference?

MelindaS1 · ‎January 25, 2026

The income from your self-employed business activity will be shown net of (minus) any deductible business expenses you entered into the forms.

That's because self-employment income is taxed on the net profit amount, and not the gross/total amount of payments received. Learn more about self-employment taxes here.

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View solution in original post

MelindaS1 · ‎January 25, 2026

The income from your self-employed business activity will be shown net of (minus) any deductible business expenses you entered into the forms.

That's because self-employment income is taxed on the net profit amount, and not the gross/total amount of payments received. Learn more about self-employment taxes here.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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Under business income - "Other self-employed income including cash, checks, etc." I entered $12,690.00, but under "Income for this work" it only shows $5112.00.