Started youtube and it took off in the last year.
I was sent a 1099-MISC from my network. I'm trying to use H&R Block online to file my taxes, however, there are several versions of 1099-MISC listed on their website, such as: Contract income, freelancers or other independent workers, and less common income.
Not sure which of these Youtube would fall under. And I'm not sure if it would be considered a hobby when filing. (est earnings ~$5000)
Thank you for your time.
edit: Also, is it possible to write off any spendings if it's considered a hobby. ~$800 in equipment
edit 2: I also am filing a W-2 alongside this as well
Submitted April 09, 2017 at 06:31PM by YTThrowaway99 http://ift.tt/2nvjW2d
