Yes, all compensation that is not from a W-2 as an employee is entered on Schedule C Profit or Loss from Business. There are different ways to receive this income. If you made more than $600, you would get a 1099-Misc. Companies that receive payments by credit card, issue a 1099-K. You may not even receive a reporting form, but the income still has to be reported.
If the form is not showing the income as it should, you can delete it and start over. Remember also, that if you took expenses, the income may not look the same.
-
Open your return in TurboTax.
(To do this, sign in to TurboTax, and click the orange Take me to my return button.)
- In the
upper right corner, click My Account > Tools.
- In the
pop-up window, select Delete a form.
- Click Delete next to the form/schedule/worksheet
If you did not receive a 1099-Misc.
- Click on Business on the top row of TurboTax
Self-Employed Online.
- Go to Business
Income
- Under General
Income, click Start
- Enter any income from sales or services that weren't reported on Forms
1099-MISC
If you did receive a 1099-Misc, follow these steps.
While in your return, type
“1099-misc” in the Search box and then select the “Jump to” link. This will take you directly to the section
where you can enter your 1099-MISC.
After you’ve entered the
information from your 1099-MISC, TurboTax will ask a series of questions to
determine if your 1099-MISC income is from self-employment or is ordinary
income.
