If you earned more than
$400 net income (income less expenses) working as a self-employed
individual (or independent contractor), you must file a Schedule C, business
income and expenses with your personal return and pay self-employment
tax-same as withheld on a W-2.
If you otherwise
earned enough to file a return, you must report your self-employment income, no
matter how small.
If you did not earn any business income, you can still claim your business expenses.
Simply
follow these steps to enter your income from self-employment.
