You can enter your income in the Deluxe program but if you wish to take expenses you will need to upgrade to Self-Employed. Inventory will be listed under expenses in the program.
HOW TO ENTER
without a 1099-Misc
First, sign in to My
TurboTax
Next, click the orange Take me to my return button
On the white bar at the top, click Federal Taxes
Then, Wages & Income
In the Self-Employment section
(you may need to click Show
more), next to Income and Expenses, click Start (or Revisit)
When asked "Did you have any self-employment
income or expenses?" select Yes
You'll see the screen titled "Tell us the type of
self-employment work you do." Enter your description, then Continue
On the next screen "Let's get income for
[description]" select the button Additional income. Includes 1099-K, check/cash
payments and Continue
The next screen will say "Tell us about
additional income for your [description] work." List descriptions and
amounts on this screen.
