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Wallstreet Esq.
Wallstreet Esq., Tax Attorney
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How do I enter cash income not supported by any 1099s?

Customer Question

How do I enter cash income not supported by any 1099s ?
Submitted: 9 months ago.
Category: Tax
Expert:  Lev replied 9 months ago.

We are required to report ALL income regardless if it was reported to the IRS or not.

If that is your self-employment income - you report that amount on schedule C - line 1.

You do need to keep an adequate record of all your income and expenses.

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