Click on wages & income. The income would be reported as other income as follows: I have heard this go both ways, and i want to make sure i do his return properly.

Therefore you will pay income tax, but not social security or medicare taxes on the payments. Webmar 7, 2022 · i believe that the payment received for a blood plasma donation is taxable income. Select federal from the left side menu. The payments are entered as other income using the steps. No 1099 is received to document payment.

No 1099 is received to document payment.