topic How do I report income (an advance) made selling an insurance policy as an insurance agent using Turbo Tax Deluxe? in Get your taxes done using TurboTax https://ttlc.intuit.com/community/taxes/discussion/how-do-i-report-income-an-advance-made-selling-an-insurance-policy-as-an-insurance-agent-using-turbo/01/257089#M108124 Sat, 01 Jun 2019 21:20:37 GMT Hoosier99 2019-06-01T21:20:37Z How do I report income (an advance) made selling an insurance policy as an insurance agent using Turbo Tax Deluxe? https://ttlc.intuit.com/community/taxes/discussion/how-do-i-report-income-an-advance-made-selling-an-insurance-policy-as-an-insurance-agent-using-turbo/01/257089#M108124 Sat, 01 Jun 2019 21:20:37 GMT https://ttlc.intuit.com/community/taxes/discussion/how-do-i-report-income-an-advance-made-selling-an-insurance-policy-as-an-insurance-agent-using-turbo/01/257089#M108124 Hoosier99 2019-06-01T21:20:37Z Any advance is considered income if you are a cash basis... https://ttlc.intuit.com/community/taxes/discussion/any-advance-is-considered-income-if-you-are-a-cash-basis/01/257091#M108125 Any advance is considered income if you are a cash basis tax payer. If your company will be issuing a W-2 it will show up there. If you are operating as a sole proprietor it would be included in a 1099 from the company providing the advance.. Sat, 01 Jun 2019 21:20:38 GMT https://ttlc.intuit.com/community/taxes/discussion/any-advance-is-considered-income-if-you-are-a-cash-basis/01/257091#M108125 mswj 2019-06-01T21:20:38Z