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Business & farm
Did you set it up as a LLC or S corp or partnership, etc.? If you are self employed, independent contractor, freelance, sole proprietor you file it in your personal retun on Schedule C .
You can enter Self Employment Income into Online Deluxe but if you have any expenses you will have to upgrade to the Premium version.
How to enter income from Self Employment
Where to enter expenses
Here is some IRS reading material……
IRS information on Self Employment
http://www.irs.gov/Businesses/Small-Businesses-&-Self-Employed/Self-Employed-Individuals-Tax-Center
Pulication 334, Tax Guide for Small Business
http://www.irs.gov/pub/irs-pdf/p334.pdf
Publication 535 Business Expenses
http://www.irs.gov/pub/irs-pdf/p535.pdf
January 25, 2024
10:56 AM
393 Views