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fglisson
New Member

I am a therapist out of my home in addition to my full time W2 job. How do I claim and report the small income I make and the expenses?

 
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Accepted Solutions
Coleen3
Intuit Alumni

I am a therapist out of my home in addition to my full time W2 job. How do I claim and report the small income I make and the expenses?

Self employment income is reported on Schedule C. You can enter your income in Deluxe, but will have to upgrade to Self-Employed to enter expenses.

 HOW TO ENTER without a 1099-Misc

First, sign in to My TurboTax

Next, click the orange Take me to my return button

On the white bar at the top, click Federal Taxes

Then, Wages & Income

In the Self-Employment section (you may need to click Show more), next to Income and Expenses, click Start (or Revisit)

When asked "Did you have any self-employment income or expenses?" select Yes

You'll see the screen titled "Tell us the type of self-employment work you do." Enter your description, then Continue

On the next screen "Let's get income for [description]" select the button Additional income. Includes 1099-K, check/cash payments and Continue 

The next screen will say "Tell us about additional income for your [description] work." List descriptions and amounts on this screen


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1 Reply
Coleen3
Intuit Alumni

I am a therapist out of my home in addition to my full time W2 job. How do I claim and report the small income I make and the expenses?

Self employment income is reported on Schedule C. You can enter your income in Deluxe, but will have to upgrade to Self-Employed to enter expenses.

 HOW TO ENTER without a 1099-Misc

First, sign in to My TurboTax

Next, click the orange Take me to my return button

On the white bar at the top, click Federal Taxes

Then, Wages & Income

In the Self-Employment section (you may need to click Show more), next to Income and Expenses, click Start (or Revisit)

When asked "Did you have any self-employment income or expenses?" select Yes

You'll see the screen titled "Tell us the type of self-employment work you do." Enter your description, then Continue

On the next screen "Let's get income for [description]" select the button Additional income. Includes 1099-K, check/cash payments and Continue 

The next screen will say "Tell us about additional income for your [description] work." List descriptions and amounts on this screen


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