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Get your taxes done using TurboTax
You don't need it to report your self-employment income.
- Open your return and type Schedule C in the Search box.
- Select the Jump to link. This will take you to where you can enter any cash, personal checks, credit card payments, or cryptocurrency (Form 1099-K) related to your self-employment. You may first be asked some general questions about your business if your business did not carry over from last year.
- After you answer them, you’ll be taken to the Let's enter the income for your work screen.
- Select Other self-employed income and provide all necessary information.
All self-employment income is taxed the same so it does not matter what category it is reported in. The ''other'' category skips having to enter all of the ''form'' details.
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January 29, 2021
3:05 PM
623 Views