Reporting earnings receiv3d PayPal?
I know that I must report all earnings over $600.
I received my rover payments through PayPal and they say they do not issue a 1099 unless the amount is $20,000.
I know I have to report these earnings but don’t be receiving a 1099.
Nayine have any insight in this area? Thanks
I file my taxes on turbo tax and there is a self employed income option and you’ll see it says Schedule C. You just enter in your service and income for the year. It’s pretty easy. They’ll also give you the option to take the money you owe out of your tax return which is nice.