Hello,
I'm trying to file taxes for my business that I just started last year in June. I have not actually launched my business yet so I have no income to report, but I do have expenses. I'm a single-owner LLC with no employees and have selected the Self Employed package but I don't see a Schedule C form 1040 as an option, just the following:
Form 1099-NEC, new IRS form for nonemployee compensation (replaces 1099-MISC)
Other self-employed income, includes 1099-K, cash, and checks
Form 1099-MISC, for miscellaneous and nonwork payments
Uncommon income includes awards, interest, debt previously deducted
I did read that by filling out one of these forms, Turbo Tax will automatically fill out a Schedule C form 1040 but I don't know which form to use. Which one should I fill out? I appreciate any help. Thank you in advance.
