Usertesting.com Self-Employment and Income Taxes

[ThomasM125]

@kpatino24 You would best report that income as self-employment income in TurboTax. When you go to enter the income, you will see an option to indicate that it was General Income

[IF3]

Hi ThomasM125,

The solution provided above did NOT work for me. I have "TurboTax Basic" and did NOT receive any 1099-NEC/MISC related to my "usertesting.com" payments.
Can you please advise me what should I do?

Thanks!

[Critter-3]

@IF3 

If you are using the downloaded Basic program then in the Wages & Income tab choose the self employed section and skip the 1099 entry option ... just use the other income option. 

[IF3]

Hi @Critter-3 

Thanks for your response.

Sorry, it looks like I have the "Deluxe" version and there is no Self-Employment exists.

Please see the screenshots.

[IF3]

Hi @Critter-3 ,

Thanks for your response.

Sorry, it looks like I have the "Deluxe" version and there is no "Self-Employment" exists.

Please see the below screenshots.

Thanks!

[IF3]

Hi @Critter-3 ,

Thanks for your response.

Sorry, it looks like I have the "Deluxe" version and there is no "Self-Employment" exists.

I tried to upload/insert screenshots, but after posting it - the post disappears. 

[IF3]

Screenshots from my Deluxe version:

[JulieS]

If you are using TurboTax Deluxe Desktop (from a disc or download), you can enter self-employment income here:

1. Open your return and select the Federal Taxes tab.
2. Select Wages and Income on the second tier of tabs.
3. Select I'll choose what I work on, on the right.
4. Scroll down to Business Items near the bottom of the list.
5. Find Business Income and Expenses (Sch C), click Start to the right.
6. Answer the first question Yes.
7. You will be asked to upgrade, but you can select Continue in TurboTax Deluxe.
8. Enter your business income and any relevant expenses on the screens that follow.

[IF3]

Hi @JulieS,

Thank you for your response.

I tried to use the "Schedule C" as well, but got confused.

Can you please help to understand the below? This is only related to "usertesting.com".

1. "Describe Your Business" => should I say "Freelancer"?

2.  "Tell Us About Your Business" => Should I choose the below or just skip them?

      2.1. "I use my name as the name of my business" 

      2.2. "My business address is the same as my home address"

3. "Enter Business Information":

      3.1. Should I name the business as "usertesting.com" or what do you think?

      3.2. What address should I use? "usertesting.com" HQ address?

4. "Do you have an Employer ID Number (EIN)" => I chose "NO".

5. "Which Accounting Method?" => I received to my Paypal account - what should I choose? Cash, Accrual or Other Method?

6. "Business Code" => I typed "999999".

7. "Did you play an Active Role in This Business?" => I chose "Yes" since it comes under " Perform all the work, even if you work fewer than 100 hours". Correct?

8. "Enter Business Income That's Not on a 1099-NEC or a 1099-MISC" - I typed the amount received from usertesting.com in the "Income and Sales" box only.

9. "Is this Qualified Business Income" => I chose "Yes". Correct?

Thanks!

[JulieS]

Description of business is asking what you do, so freelancer is fine.

For business name and address use your own name and address, you don't need to enter anything about specific about UserTesting. 

EIN should be No.

Accounting method should be cash

999999 is fine for the business code.

Active role is Yes.

Questions 8 and 9 are fine as you answered them. 

[IF3]

@JulieS,

Thank you for your help! Appreciate it!

Have a great day!