turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

California Individual Forms Sch C Wks Profit or Loss from Business Why do I need this form I have never needed it before on all my tax returns.

Is it because I received a 1099 R MISC

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

2 Replies
ChristinaS
Expert Alumni

California Individual Forms Sch C Wks Profit or Loss from Business Why do I need this form I have never needed it before on all my tax returns.

Yes, it is because you have a 1099-MISC. When you have a 1099-MISC for contractor/ freelance/ non-employee work, a federal Schedule C is on your return. California has a Schedule C as well, and so you'd have one there too.

An individual with a 1099-MISC or an individual with a single member LLC may both have Schedule Cs. The term "business" is very broad, and covers a variety of situations. For tax purposes, you can have a business and file a Schedule C with even a small amount of income on Form 1099-MISC.

edgarmatias2020
Returning Member

California Individual Forms Sch C Wks Profit or Loss from Business Why do I need this form I have never needed it before on all my tax returns.

Cómo puedo obtener la forma 568 p1 2 número del secretario de California 

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question