My wife has a consulting business and worked as Adjunct Professor to teach a class at a university last spring. The institution sent a W-2 and not a 1099. How do I enter the w-2 as business income instead of personal income?
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A W-2 must be entered under Wages and cannot be considered Self-Employment income.
If the school withheld taxes from her pay, you should enter the W-2 as it was reported to you. But if the W-2 reports only gross wages, you may wish to contact the school to be sure the W-2 wasn't an error on their part.
As stated by PatriciaV, the W-2 will be reported and entered only in the W-2 section of the program. Now if the "statutory employee" box is checked on that W-2, make sure you check it in the program. That will allow you to legally deduct any expenses associated with that income, on SCH C instead of SCH A. If it's not checked, then you can't claim any expenses associated with that income on the SCH C.
How to complete w-2
Where's the w-2 section of the program
How to find w-2 jsection of the program
To enter a W2
Click on Wages and Income tab at the top (or Personal for Home & Business program)
Then Wages and Salaries
Wages and Salaries – Start (you might have to click on Show More on right)
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