If you purchased the CD/downloaded version of TurboTax Premier, then there is no need to modify the program in order to add a Schedule C. The forms and capability required for Schedule C exists in every version of the CD/downloaded products. The only difference is in the extra guidance given with the Home and Business version. If your Schedule C is reasonably uncomplicated, you should be fine.
The online versions of TurboTax are not all capable of handling every situation, but they can be upgraded as you go whenever necessary.
Use the following steps to get started with the Schedule C:
- On the top row of the TurboTax online screen, locate the search box in the upper right corner
- This opens a box where you can type in “schedule c” (be sure to enter exactly as shown here) and click the magnifying glass
- The search results will give you an option to “Jump to schedule c”
- Click on the blue “Jump to schedule c” link
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