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Business & farm
Click the "magnifying glass Search" icon on the top row, enter "schedule c" in the search window and press return or enter, and then click on the "Jump to schedule c" link to begin entry of you self-employed income. Depending on which TurboTax version you are using, an upgrade may be required to enter your business expenses.
Note that if you are doing the same work for the company as a independent contractor that you were doing as an employee, you will not be eligible for the Qualified Business Income (QBI) deduction for your Schedule C income. If you are doing different work, you are eligible for the QBI deduction.
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May 14, 2020
1:22 PM