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March 23, 2024
Question

If my wife was paid with cash once a week for four months to watch her niece, do we report that as self-employed income?

  • March 23, 2024
  • 1 reply
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The total amount was $2,040 and was once a week from January to May.

1 reply

March 24, 2024

Yes, that income would be reported on Schedule C Business Income and Expenses as self-employed income.  Report the total income as 'cash' and include any applicable expenses related to the income.  

 

Take a look at the following TurboTax help articles to get started:

 

What Is a Schedule C IRS form?

 

Where do I enter Schedule C?

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