Assuming
that If you are running this business as a Sole Proprietorship, then follow
these steps in Turbo Tax to enter your income and expenses onto Schedule C of
the Form 1040:
- Log into your tax return.
- Use the search box in the
upper right hand corner. Type "schedule c" in the box and press
enter.
- This will bring up the
"Jump to schedule c" link...click that link.
- From here Turbo Tax will ask
you some specific questions about your business. You'll be led through a
different screens asking you more questions regarding your business.
- You'll also be taken to a
screen to enter you income.
- Finally, Turbo Tax will bring
you to the screen for you to choose what expenses you would like to enter
onto your tax return.
