If you have freelance income, you essentially do own a business in the eyes of the IRS. You are the business since you are doing freelance work.
Freelance or self-employed income is reported on Schedule C Business Income and Expenses.
Use the following steps to get started:
- On the top row of the TurboTax screen, click on Search
- This opens a box where you can type in “schedule c”
- The search results will give you an option to “Jump to schedule c”
- Click on the blue “Jump to schedule c” link
Also, take a look at the following TurboTax help article for further information, in addition to the articles shared by DoninGA above:
How does contract or freelance work affect my taxes?
@william-orejudos
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
