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Level 1
June 5, 2019
Question

How do I start a Schedule C

  • June 5, 2019
  • 1 reply
  • 11 views
how do I do a schedule C?  I earn money from a side job and I've heard that I need to pay taxes quarterly.

1 reply

Alumni - Expert
June 5, 2019

The schedule C would be to report self-employment income/expenses for your business. To begin the set-up of your business:

  • In your open return, select My Account
  • Tools
  • Topic Search
  • Type 'schedule c' in the box, then select GO

For the estimated tax vouchers:

  • In your open return, select My Account
  • Tools
  • Topic Search
  • Type 'estimated tax payments for next year' in the box, then select GO

Select 'No' to the W-4 question and continue to create the vouchers.

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