Leaderboard

You don't want to make the $1,300 go away, or zero it out, until you ask a lot of questions. How much of the $1,300 is taxable? Self-employment income? Personal sales of personal goods at a loss? Transfers from family/friends for personal activities? As Slippery said, you don't get to not report $1,300 or any amount below $5,000 (or below $600 if receiving Form 1099-NEC, for example). You report worldwide income unless the law excludes it. So you have to ask your client to break out the $1,300 into the amounts from various income categories to determine if and how much you can exclude. Each software will have different ways to enter. You know what to do with biz income. The new instructions for Schedule 1 explain about Other Income and income that can be excluded.

That's not what the law says. Amounts of $5000 and above are required to be reported.

I've never entered either of those forms. I just enter sales from my accounting software directly on Sch C. Less work.

It has nothing to do with transmission or e-file. It is to access the program itself at login with a popup box that appears right after entering your password. If it doesn't appear, then you have disabled (or not enabled) the MFA function within the program. If you want to check this or see where to change your preference, go to the "Setup" menu at top and then click on "Preparers and Users". Open the Admin user and look for this checkbox shown below. Mine checkbox says disable because I have MFA enabled, but if yours is disabled then the label on the checkbox would change and say enable.

Where is this? I don't see it. And wouldn't this nullify the reason for having authentication in the first place?