I have a freelance business (single member LLC) and I accept payment from my clients via the quickbooks online bank transfer (ACH transfer), checks, and cash. How do I report ACH transferred money as self-employed income? (it only asks for cash, check, and credit card payment methods.) Also, can I add the checks, cash, and ACH transferred money together into 1 number and report that number as 1 line item in the self-employed income section in turbo tax?
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Yes, all income can be added together and reported on the Income line of the Sch C.
Yes, all income can be added together and reported on the Income line of the Sch C.
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