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Yes, you should report money received by donating plasma. If you did not receive any documentation (ex, W-2 or 1099-MISC). Here's where you can report what was earned.
In TurboTax Online:
Go to Federal Taxes then Wages & Income
Next scroll down to Less Common Income and click on Miscellaneous Income.
On the page that states " Let's work on any Miscellaneous Income, sroll down to Other reportable income.
Then enter the cash that you received as well as a description (who you worked for).
**Note** You will see the cash amount entered on line 21 of your Form 1040
Yes, you should report money received by donating plasma. If you did not receive any documentation (ex, W-2 or 1099-MISC). Here's where you can report what was earned.
In TurboTax Online:
Go to Federal Taxes then Wages & Income
Next scroll down to Less Common Income and click on Miscellaneous Income.
On the page that states " Let's work on any Miscellaneous Income, sroll down to Other reportable income.
Then enter the cash that you received as well as a description (who you worked for).
**Note** You will see the cash amount entered on line 21 of your Form 1040
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