You would just total up all
cash, checks, and credit card income deposits that you received as income in
2016 and enter them, along with your business expenses, on your Schedule C in
Turbo Tax. You can list them separately on one Schedule C, or as a total on the
same Schedule C.
To do this in TurboTax, follow these steps...
Log into your tax return.
Use
the search box in the upper right hand corner.
Type in "schedule c"
in the box.
This will bring up the "Jump to schedule c" link...click
that link.
From here TurboTax will ask you some specific questions about your
business.
You'll be led through a different screens asking you more questions
regarding your business.
You'll also be taken to a screen to enter you income
(this is where you can lump all your income together, or list the specific
types...cash, check, or credit card income).
Once you've entered your income
and clicked Done and/or Continue
TurboTax will bring you to the screen for
you to choose what expenses you would like to enter onto your tax return.
