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March 18, 2023
Question

Do I need to report the side income I made selling my art and how do I enter that on my tax return?

  • March 18, 2023
  • 1 reply
  • 0 views
I have a full time job, but I also sell some of my art on the side and make a little money from streaming on Twitch. Do I need to report this income? How do I enter that on my tax return?

    1 reply

    TurboTaxSusan
    March 23, 2023

    Yes, you need to report this income. You can enter the amounts as "Other Employment Income" (search for 'tips'). Or, if you consider your side work to be a business, you can enter it as self-employment income, and also claim related expenses (search for 'self').