I started selling younique makeup last year and only had a few sales from customers. Everything else was for myself. How do I deduct that in turbotax? And my other job

posted

Yes, a direct-selling business like Younique is reported on Schedule C, included in TurboTax Self-Employed Online.

To enter self-employment income in TurboTax, go to My Account >> Tools >> Topic Search. Type in "schedule c", click the topic in the list, then click "GO". You will be prompted to upgrade, if necessary, to the TurboTax version that is best for your tax situation.

Follow the prompts to describe your business activity, then enter your income and expenses. You may be asked for a Business Code: most direct sales representatives use business code 454390 (Other direct selling establishments) and use the Cash Method.

Be sure to keep good records.

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