MindyB
Expert Alumni

Self employed

The counseling business income and expenses belong on a Schedule C. 

 

  1. Within your tax return, navigate to Federal > Wages & Income > Other Common Income > Form 1099-K
  2. Choose Add a 1099-K
  3. The next screen will ask "Which type of income your 1099-K is for?" choose Self-employment income
  4. Enter the information from your 1099-K
  5. Then, on the screen Your self-employment 1099-K income  select the Schedule C business you have already set up, or you can add a new business.