Hobby income is money made incidentally (you don’t depend on the income), doing what you love. This is different from a 1099-K for personal items sales or self-employment income.
The IRS doesn't let you deduct hobby expenses from hobby income because you’re not considered self-employed.
Follow these steps to enter your hobby income in TurboTax.
Open or continue your return.
Navigate to the 1099-K section:
TurboTax Online/Mobile: Go to 1099-K.
TurboTax Desktop: Search for 1099-k, then select the Jump to link.
Select Yes on the Did you get a 1099-K? screen.
When asked Which type of income is your 1099-K for?, choose Hobby income and Continue to answer the rest of the questions.




