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    Self employed tips

    Colmatt
    Level 7

    A self employed hairdresser earns 100,000 of which 10,000 is for tips.  The Schedule C includes the 100,000.  In the program it has a worksheet on schedule C for tips but it's not allowing the entry which can't be entered directly on schedule 1-A.

     

    Advice?

     

     

     

    0 Cheers
    4 Comments 4
    sjrcpa
    Level 15

    Here's one discussion.

    https://proconnect.intuit.com/community/*/*/*/00/341799

    There are others, too.


    The more I know the more I don’t know.
    TaxGuyBill
    Level 15

    It needs to be entered on a 1099-K, 1099-NEC or 1099-MISC worksheet.

    If the tips are not included in the total amount of a 1099, there is no deduction.

    Colmatt
    Level 7

    She did it all on Venmo and checks and did not get a 1099 oddly.  

    0 Cheers
    sjrcpa
    Level 15

    And no one paid her in cash, right? All of which is included in her Gross Income, right?


    The more I know the more I don’t know.