Yes, you are filling this out correctly. An independent contractor is considered self employed by the IRS.
When you complete the income and expenses section in TurboTax Self-Employed, all of the information will directly flow into the Schedule C and complete it with the information that you have provided.
- Sign into your TurboTax online account
- Click Take me to my return
- Click Federal Taxes
- On the Income and Expenses tab, you can enter all income
- After entering income, or clicking Edit to review income already entered, you can enter all of the expenses that go on the Schedule C
