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Business & farm
I assume that you are a self-employed barber.
As a self-employed individual, you'll need to report your income and expenses on Schedule C of form 1040.
You will report as income all monies you actually received during the tax year in cash, checks or credit cards. Against this income, you will report all ordinary expenses of the business such as rent, utilities, supplies, etc.
You'll need to use TurboTax Self-Employed (online) or TurboTax Home & Business (CD/Download) to prepare your tax return.
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‎January 7, 2020
1:55 PM