Sign Up

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
cancel
Showing results for 
Search instead for 
Did you mean: 
aaronaames
New Member

Why is it saying I need fed sch c?

 
2 Replies
VolvoGirl
Level 15

Why is it saying I need fed sch c?

Did you get a 1099Misc for something?
JeffG
Level 2

Why is it saying I need fed sch c?

If you did receive a 1099-Misc as the SuperUser was asking - 

Your question is very common - sorry for the confusion.

Information from Form 1099-MISC can be entered in 2 different locations, depending on your situation:

Self-Employment - when the income relates to your normal job or something you do regularly. This income will end up on a Sch C, subject self-employment tax and expenses can be entered to reduce the taxable amount.

Other Common Income - something you did only once - and not related to your normal job and don't plan on doing this type of work in the future.

If the second example sounds like you - enter this information in Turbo Tax as follows: Go to Federal Taxes - then click on Wages & Income, next look for the section: Other Common Income, then click on Start to the right of "Form 1099-MISC."

I hope this helped you. Thank you for using Turbo Tax.

Dynamic AdsDynamic Ads
Privacy Settings
v