MonikaK1
Employee Tax Expert

Business & farm

In TurboTax, you can enter the amount of a refund of money previously included as income by going to the Income section of your Schedule C activity, then: 

 

  1. In the Income section, select Add income for this work
  2. From the list that appears, select Rebates and Refunds under Less Common Income
  3. Enter a description and enter the dollar amount as a positive figure.

See also this help article for more information regarding self-employment income and expenses.

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