DawnC
Expert Alumni

Get your taxes done using TurboTax

If you have a sole proprietorship, you can report your business income and expenses on Schedule C which gets filed along with your federal tax return (Form 1040).   You don't need to file a separate business return for a sole proprietorship.  

 

Start a return in TurboTax and you can report any income or expenses in the Self-Employment Income & Expenses (Business) section.   Full instructions are in the links below.   

 

Reporting SE Income - You can report cash, checks, 1099 forms, etc.

Reporting SE expenses

 

 

Self-Employed Tax Guide - General guide for beginners.  @maryjane101 

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