Yes, the income is self-employment income and will be reported on your Schedule C. The IRS considers self-employment income as a business, so you will also be able to deduct common business expenses from your income. To enter your business and self-employment income, refer to the TurboTax Help article How do I report income from self-employment?
Review the TurboTax articles Reporting Self-Employment Business Income and Deductions and What self-employed expenses can I deduct? for more information on business deductions.
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