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I am self-employed through Direct Sales and received a 1099 MISC with only box 7 checked, where do I put my income that's not listed on the form?

I received a 1099 NEC for downline commissions and incentives, and received a 1099 MISC for my sales income with box 7 checked stating "payer made direct sales of $5,000 or more".

I don't know where to enter my income from those sales. I was told I would need a schedule c for this purpose, but I can't seem to figure that out since I don't see that using Turbo Tax Small Business.
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2 Replies
HelenC12
Expert Alumni

I am self-employed through Direct Sales and received a 1099 MISC with only box 7 checked, where do I put my income that's not listed on the form?

TurboTax will automatically complete Schedule C when you set up your self-employment work and/or when you enter what the IRS considers self-employment income.

To enter your self-employment income was only from cash, personal checks, credit card payments, or cryptocurrency :

  1. Open your return and type Schedule C in the Search box.
  2. Select the Jump to link.
  3. This will take you to where you can enter any cash, personal checks, credit card payments, or cryptocurrency (Form 1099-K) related to your self-employment.
  4. You may first be asked some general questions about your business.
  5. After you answer them, you’ll be taken to the Let's enter the income for your work screen.
  6. Select Other self-employed income and provide all necessary information.

 

You'll be able to deduct business expenses related to the self-employment income.

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I am self-employed through Direct Sales and received a 1099 MISC with only box 7 checked, where do I put my income that's not listed on the form?

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