In the Self-Employed version of Turbo Tax
Click on the Federal Taxes tab
Click on Income and Expenses
You may see a prompt for Self-Employment, but if not
Click on Check for More Income and See All Income
Scroll down to the Self-Employment section with the blue person icon
Click on Show More
And Start or Edit.
There is a place to enter your 1099-K
The vehicle expenses have a series of questions and you can choose to use either a cost per mile or use the actual costs for the vehicle (including gas).
In the Home and Business version of Turbo Tax
Click on the Business tab
Then Continue and I'll choose what to work on
Update your Profit or Loss from a Business
Click on the Edit button for the name of your business
Under Business Income, you can enter your 1099-K
Under Business Expenses, with the blue bar graph icon,
click on Update or Start for Business Vehicle Expense
click here for more tax tips for drivers
In the Self-Employed version of Turbo Tax
Click on the Federal Taxes tab
Click on Income and Expenses
You may see a prompt for Self-Employment, but if not
Click on Check for More Income and See All Income
Scroll down to the Self-Employment section with the blue person icon
Click on Show More
And Start or Edit.
There is a place to enter your 1099-K
The vehicle expenses have a series of questions and you can choose to use either a cost per mile or use the actual costs for the vehicle (including gas).
In the Home and Business version of Turbo Tax
Click on the Business tab
Then Continue and I'll choose what to work on
Update your Profit or Loss from a Business
Click on the Edit button for the name of your business
Under Business Income, you can enter your 1099-K
Under Business Expenses, with the blue bar graph icon,
click on Update or Start for Business Vehicle Expense
click here for more tax tips for drivers