Investors & landlords

Yes, self-employment income has to be reported on your tax return. Please follow these steps:

1. Login to your TurboTax Account 
2. Click on the Search box on the top and type “self-employed”
3. Click on “Jump to self-employed”
4. TurboTax will walk you through entering income and expenses.

Please see What is the self-employment tax? and What self-employed expenses can I deduct?  for additional information.

After you entered all your information please follow these steps to enter that you did not receive the stimulus payments:

1. Log into TurboTax.
2. After entering all your information click "Federal Review" at the top of your screen. 
3. On the screen "Let's make sure you got the right stimulus amount" click "Continue".
4. You will be asked about the amounts of first round and second round stimulus payments you received.  If you did not receive a payment enter "0".
5. TurboTax will then calculate the amount of stimulus payment remaining that you are still entitled to get. 
6. Any stimulus amount remaining due to you will show as a credit on line 30 of the 1040.