Get your taxes done using TurboTax

As an independent contractor you only file one personal tax return.  The tax return will include your W-2 income and you enter your self-employment income on a Schedule C, which is part of your personal tax return, Form 1040.

 

To enter your self-employment income and expenses -

  • Click on Federal Taxes
  • Click on Wages & Income
  • Click on I'll choose what I work on
  • Scroll down to Business Items
  • On Business Income and Expenses (Sch C), click on the start or update button

 

Any Form 1099-MISC you received for your self-employment income is Only entered on the Schedule C.