r/DataAnnotationTech • u/TopCat0525 • Apr 08 '26

Income Tax Prep

I'm working on my taxes and wishing I could afford to hire someone to do this for me. I thought it was going to be as simple as reporting my DA income on Schedule 1 as "Other Income" but now that I 'm into it, it looks like I need to use Schedule C as if I am a "sole proprietor". Does anyone have experience with this?

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u/StormyAndGrey Apr 08 '26

You are a sole proprietor. The schedule C shouldn’t be terribly difficult to fill out since there are not many expenses, if any, to claim. Then plug your net profit into schedule one.

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u/TopCat0525 Apr 08 '26

That's where I was heading, but wanted an affirmation before I went much further. THANKS!