You have to report the side business. You have to report all your income, no matter how little it is, regardless of whether it helps or hurts. If you made a profit from the business you will have to pay income tax and self-employment tax on your net business income.
If you are eligible for the Earned Income Credit, the business income might increase or reduce the credit, depending on your total income.
If you have expenses for the business, you cannot report it in TurboTax Online Basic. You will have to upgrade to Self-Employed, or use any version of the CD/Download TurboTax software. You have to report all your business expenses.
