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I am a w2 employee but I also receive a significant amount of 1099 income. Do I have to file 2 seperate returns or can I bundle it and get it done in one sitting? I see options for W2 or self employed. So I imagine I need to do both seperately ?
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You cannot file two separate tax returns. You must include all your income on one tax return. TurboTax Self-Employed Online or TurboTax Home & Business CD/Download software will handle both your W-2 income and your self-employment income.
You can enter Self Employment Income into Online Deluxe or Premier but if you have any expenses you will have to upgrade to the Self Employed version or use any of the Desktop CD/Download programs.
How to enter income from Self Employment
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