If you did not receive a 1099-Misc form, do not enter your income using that form.
TurboTax will help you prepare a Schedule C, Profit or
Loss from Business and you may be subject to self-employment taxes .
Here are the instructions
to enter your income, expenses and assets:
- In the search box, type Schedule
C, then click on Jump to Schedule C
-
TurboTax automatically creates Schedule C (or Schedule C-EZ) when you enter your business information or when you enter
what the IRS considers self-employment income.
- Click Start/Update under Business Income (see image below)
- Click Start/Update General Income (Business income, including income reported on
Form(s) 1099-K.
- Enter the description and amount, click continue.
- Back at the Business Income screen, click continue.
- This will take you back to Your xxxx Business
screen.
- Scroll down Business Income or expenses, etc. and continue through the interview questions.
- After you complete the Business income or expense, etc., section, you will be back at the main business
screen and can enter any other items relevant to your business.
Related information:
