Unfortunately, you'll have to upgrade from Turbo Tax Premier, to Turbo Tax Self-Employed to be able to enter all your business income and expense items. Also, keep in mind that the cost of the Turbo Tax Self-Employed is a business expense that would be included with your other business expenses. Once you upgrade, and assuming that If you are running this business as a Sole Proprietorship, then follow these steps in Turbo Tax to enter your income and expenses onto Schedule C of the Form 1040:
Unfortunately, you'll have to upgrade from Turbo Tax Premier, to Turbo Tax Self-Employed to be able to enter all your business income and expense items. Also, keep in mind that the cost of the Turbo Tax Self-Employed is a business expense that would be included with your other business expenses. Once you upgrade, and assuming that If you are running this business as a Sole Proprietorship, then follow these steps in Turbo Tax to enter your income and expenses onto Schedule C of the Form 1040: