DanaB27
Expert Alumni

Get your taxes done using TurboTax

Code 17 of Form 1042-S will be entered as self-employment income. Please follow these steps:

 

  1. Login to your TurboTax Account 
  2. Click on "Search" on the top right and type “self-employed”
  3. Click on “Jump to self-employed”
  4. Select "Other self-employed income, includes 1099-K, cash, and check" on the "Let's enter the income" screen
  5. Enter "Cash" as type of income and the amount received

 

Please see What is the self-employment tax? and  What self-employed expenses can I deduct? for additional information.

 

 

@Noeaguirre

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