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Self employed
The counseling business income and expenses belong on a Schedule C.
- Within your tax return, navigate to Federal > Wages & Income > Other Common Income > Form 1099-K
- Choose Add a 1099-K
- The next screen will ask "Which type of income your 1099-K is for?" choose Self-employment income.
- Enter the information from your 1099-K
- 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.
March 2, 2025
10:09 AM