How does a California resident (working as a self-employed contractor) file income from a Puerto Rico company?

[gvp2614]

started working as a self-employed contractor for an insurance company from Puerto Rico on 10/2021 (home office)  and would like to know how to file the income. Do I need to? Which form?

[MinhT1]

You would need to report the income as self-employed income on Schedule C.

You report the income you received in cash, checks or bank transfers or without a 1099-NEC as self-employed income under Other self-employed income.

• In business income, just under Type of Income, click on Add Income for this work
• On the next page, click on the radio button next to Other Self-employed Income
• Click Continue to enter your income received in cash, checks or bank transfers.

If you have expenses related to this business, you can deduct them.

To report your business income and expenses, you'll need to use TurboTax Self-Employed (Online) or TurboTax (CD/Download).

[gvp2614]

Thanks for your answer.

Puerto Rico income is ok to report as you said? Asking because there is no field to inform that the income is from Puerto Rico and I am just wondering if this is really not necessary.

Just to make sure I understood.

I have TurboTax Self-Employed.

Thanks a lot.

[JulieS]

Yes, MinhT is correct, you just file it as self employment income. Puerto Rican source income is not considered foreign income for tax purposes.