You
would just total up all cash, checks, and credit card income deposits that you
received as income in 2016 and enter them, along with your business expenses,
on your Schedule C in Turbo Tax. You can list them separately on one Schedule
C, or as a total on the same Schedule C. To do this in TurboTax, follow these
steps.
- Federal Taxes
- Wages & Income
- Self-Employment
-
Income and Expenses, then Click Start.
-
Did you have any self-employment income or expenses?, click Yes
- Tell us the type of self-employment work you do, type in your
description, click Continue
- Let's get income, you can make your selection
- If you do not have your Form 1099 Misc and wish to report, select Additional Income (check/cash payments), click Continue
- Did you have any more income for sales? No, if that is the only
one
- Did you have expenses?, if you want to report any expenses
related to this income, then you will need to upgrade to TurboTax
Self-Employed. If not, then you can continue using your current TurboTax
version.
