How do I report income (an advance) made selling an insurance policy as an insurance agent using Turbo Tax Deluxe?

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How do I report income (an advance) made selling an insurance policy as an insurance agent using Turbo Tax Deluxe?

Any advance is considered income if you are a cash basis tax payer. If your company will be issuing a W-2 it will show up there. If you are operating as a sole proprietor it would be included in a 1099 from the company providing the advance..

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