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

Webmar 4, 2021 · i have a tax client that gives plasma and receives payment, $2125 for 2020. Select federal from the left side menu. Webmar 7, 2022 · i believe that the payment received for a blood plasma donation is taxable income. The payments are entered as other income using the steps. Therefore you will pay income tax, but not social security or medicare taxes on the payments.

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

Therefore you will pay income tax, but not social security or medicare taxes on the payments.

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