PeterM
New Member

Business & farm

They can both be filed on the same Form 1040.

To enter your income and expenses (Schedule C) in Turbo Tax, follow these steps:

  • Log into your tax return.
  • Use the search box in the upper right hand corner. Type in "schedule c" in the box and press enter.
  •  This will bring up the "Jump to schedule c" link...click that link.
  • From here Turbo Tax will ask you some specific questions about your business. You'll be led through a different screens asking you more questions regarding your business.
  • You'll also be taken to a screen to enter you income.
  • Finally, Turbo Tax will bring you to the screen for you to choose what expenses you would like to enter onto your tax return.

The W-2 will be entered as normal on the same Form 1040 but separate from the Schedule C.



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