TurboTax asks questions and leads you through the tax return. Refer to the search / magnifying glass in the upper right hand corner of the screen, should you have questions.
In TurboTax Online, to add a W-2:
- Click on Federal.
- Click on Wages & Income.
- Under Your Income, click Edit/Add to the right of W-2.
An independent contractor will report income and expense of the business operation on Federal 1040 Schedule C.
In TurboTax Online, report self-employment income and expense, follow these steps:
- Down the left side of the screen, click on Federal.
- Across the top of the screen, click on Wages and Income.
- Under Your income, scroll down to Self-employment. Click Show more.
- Click on Start / Edit/Add to the right of Self-employment income and expenses.
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