Her gross income is every dollar she received. Then, expenses are taken from that on subsequent screens. Since no 1099-MISC was received, you will say No to that and later will be able to enter General/Other income in the business section.
Note: If all payments from customers are made directly to the company, then you will only report the gross commissions and other income actually paid to your wife.
You will file a Schedule
C for the business. The
Schedule C will flow onto your individual income tax return (Form 1040) and be
netted with other personal income and expenses.
The result for
your Gross Receipts on line 1 of your Schedule C should be every dollar she actually received, including all your sales
taxes.
How to get to that
area
:
While inside the software and working on
your return, type Schedule C in the Search at the top of the
screen (you may see a magnifying glass there). There will be a popup that
says Jump to Schedule C. Select that to get to the general
area.
When you set up her business, you can use her own
name, address, and social security number (if
you don't have a business name or EIN).
Follow through all the areas in the Business section of the
TurboTax software and it will provide you with a lot of assistance. You'll
notice blue links that have more information and details about the particular
sections that will be extremely helpful.
Also, this link may be helpful to you IRS Small
Business Help Center .
What is a Schedule C?
https://ttlc.intuit.com/replies/3302122
