Therefore you will pay income tax, but not social security or medicare taxes on the payments. Select federal from the left side menu. The income would be reported as other income as follows:

Webmar 7, 2022 · i believe that the payment received for a blood plasma donation is taxable income. No 1099 is received to document payment. Click on wages & income. The payments are entered as other income using the steps. I have heard this go both ways, and i want to make sure i do his return properly.

Donating Plasma: Your Common Questions Answered - Hospitality Health ER

I have heard this go both ways, and i want to make sure i do his return properly.

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