If we are married, filing jointly, retired couple and my husband did a side hustle for a friend who paid him $2411.25. do we file a 1099 misc?

Forum|Forum|2 years ago
April 4, 2024
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My husband worked a side hustle for a friend--4-hours a day, and a friend paid him the money after the job was completed.

TurboTax Online

Best answer by DMarkM1

No, you don't need to file a 1099-Misc. The person who paid your husband likely should have filed a form 1099-NEC (non- employee compensation) and provided a copy of that form to your husband to use to complete his/your tax return. Your husband performed a service, was paid for that service, but was not an employee; so that income is considered self-employed income. You will enter that income in the federal "Wages & Income" section using the "Self-employment" topic.

There you will have the opportunity to also enter/deduct any expenses he may have had in earning that income.

DMarkM1Answer

There you will have the opportunity to also enter/deduct any expenses he may have had in earning that income.

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psmith321-421donAuthor

Our friend didn't give us a 1099; the friend said he put it under as expenses paid for general labor (his accountant did). So where do I put this? Do I place it as an extra income. My husband only did this job once and done.

VolvoGirl

That is self employment income to your husband. It goes on Schedule C. Just enter it as Other self employment income or as Cash or General income. You don't need to get a 1099MISC, 1099NEC or 1099K. Even if you did you can enter all your income as Cash. Only the total goes to schedule C.

You can enter Self Employment Income into Online Deluxe but if you have any expenses you will have to upgrade to Premium version. Or use any of the Desktop CD/Download programs.

How to enter income from Self Employment
https://ttlc.intuit.com/community/self-employed/help/how-do-i-report-income-from-self-employment/00/26653