Real estate commission

rzeppern · ‎February 9, 2020

AlanT222 · ‎February 9, 2020

Real estate commissions would be reported on schedule C as self employment income. You will need TurboTax Self-Employed in order to prepare your tax return.

To enter your self-employment income:

Go to Federal > Income & Expenses
Scroll down to See all income. In the Self-employment section, click Start next to Income & Expenses
Answer Yes to Did you have any self-employment income or expenses?
Continue through the interview to enter your business information.
When you get to the Let's Review Your Work Info screen, make sure everything is correct and then click Looks Good
On the Let's get income for work screen, select the type of income you want to enter and click Continue.
Proceed through the rest of the interview to enter your income

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

View solution in original post

AlanT222 · ‎February 9, 2020

Real estate commissions would be reported on schedule C as self employment income. You will need TurboTax Self-Employed in order to prepare your tax return.

To enter your self-employment income:

Go to Federal > Income & Expenses
Scroll down to See all income. In the Self-employment section, click Start next to Income & Expenses
Answer Yes to Did you have any self-employment income or expenses?
Continue through the interview to enter your business information.
When you get to the Let's Review Your Work Info screen, make sure everything is correct and then click Looks Good
On the Let's get income for work screen, select the type of income you want to enter and click Continue.
Proceed through the rest of the interview to enter your income

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Expert does your taxes

Do it yourself

Resources

Support

Real estate commission