PatriciaV
Expert Alumni

Business & farm

@inviewnow

It sounds like you are using TurboTax Home & Business. After you open your return, follow these steps:

  1. Click on Business >> Continue >> I'll choose what I work on.
  2. Under Business Income and Expenses, click Update beside Profit or Loss from Business.
  3. Click Edit beside the name of the business you need to work on (if you have only one business, you may skip this step).
  4. Click Start beside General Business Information.
  5. On the page "Let's confirm your business info," click Edit beside Business Name.
  6. If you don't use your own name for your business, click the button for "My business has a different name from my own" and type your business name in the box.
  7. Under Business description, enter the nickname for your business. This will be used in menus and other pages, but not on your Schedule C.
  8. Continue back to the Business Info page and click Continue at the bottom.

 

To review the entries made for Form 1099-NEC:

  1. Click Update beside Business Income, then Update beside 1099-NEC Income. Your income from each source should appear next to the source name (1099-MISC, General Income, etc.).
  2. Click the name on the 1099-NEC you wish to review, then click Edit.
  3. Your entry for "Who Paid You?" should be the name of the company that sent you the 1099-NEC. What you enter here will not change your business name or appear anywhere on Schedule C.
  4. Continue on until you are back on your Business summary page. Your total Business income should appear on this page.
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