To add your small business (sole proprietorship) to your tax return:
- Continue working on your return in TurboTax Online. (If your return isn't open, you'll need to sign in, click Take me to my return, then click Pick up where I left off.)
- Click My Account (top right of your screen).
- Select Tools.
- In the pop-up window, select Topic Search.
- In the search bar, type self-employment.
- In the results box, highlight self-employment income, then click GO.
- You'll land on the page that asks Did you have any self-employment income or expenses? (Click the screenshot below for reference.) You'll see that this includes income and expenses from a small or home-based business (sole proprietorship). Click Yes.
- You'll be prompted to answer questions about the your self-employment business, including the type of business, the income you earned, and any expenses you paid. Continue this section to its conclusion. TurboTax will prepare the appropriate schedules for your small business and file them with your tax return. (See the FAQs below for more information.)
- If you need to upgrade to another TurboTax product, you'll be prompted to do so.
Note: If using the TurboTax CD/Download software, you'll use the Find function (instead of "My Account") to search for the topic.
What is Schedule C? https://ttlc.intuit.com/replies/3302122
