Yes. Since all tax documents are reported directly to the IRS, you will want to report all documents including the 1099-MISC to have an accurate tax return.
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.
You can find out more about the Schedule C and the different sections by clicking the link below:
Follow the steps below to enter your income and expenses section:
- Sign into your TurboTax online account
- Open your tax return
- Click the search box and type "Schedule C" and click or tap Jump to Schedule C
- On the Income and Expenses tab, you can enter all income
- Answer Yes to the question "Did you have any self-employment income or expenses in 2017?" or it may say "Did you have any income or expenses for a business in 2017"
If you had a 1099-MISC, you can also Search for "1099-MISC" and click the Jump to 1099-MISC Link.
