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Get your taxes done using TurboTax
Yes, you can report business income and expenses, even if made from your personal account.
However, you should immediately create a business account and do all business transactions through it instead, because doing business from your personal account will lead to all sorts of confusion and possible difficulties in an audit (i.e., "was that really a business expense?").
It may be that you report your business using Schedule C on your joint 1040 tax return. If you have specific questions, come back to us with the questions, or look into TurboTax's offers of expert assistance or we even do the return for you.
Hover over "File with expert help" near the top at TurboTax offerings to see the descriptions of expert help.
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‎January 12, 2023
8:58 AM
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