You can use Deluxe and Premier versions of TurboTax CD/Download software to enter 1099-MISC Income and Expenses at no extra charge.
You cannot use TurboTax Online versions of Deluxe and Premier to enter 1099-MISC Income and Expenses. However, you are able to enter 1099-MISC income without any expenses.
If you'd like to review all of the differences between CD/Download and Online products, you can do so here.
TurboTax Online will ask if you had any self-employment expenses during the year 1099-MISC income was received. If you answer yes, you will be upgraded the Self-Employed software.
If you need help entering or editing 1099-MISC income:
- Open the return on your computer or TurboTax Online (can't sign in? Can't find the file in Windows? In Mac?)
- Click Federal Taxes at the top
- Go to Wages & Income to load Your Income Summary (if asked, select choose what I work on)
- If necessary, scroll down to 1099-MISC and Other Common Income then click Start/Edit/Update to the right. This opens the 1099-MISC Summary, where you can add, edit or delete your entries.
If you'd like to enter expenses:
- Repeat step 3.
- Scroll down to Business Items (pictured below), then select Start/Edit/Update.
- Select Yes on the next screen to open the Business Summary. Here's where you can add, edit or delete your business entries.
- To enter expenses, add a business profile or edit an existing one. You'll have to click continue on each screen until you're brought to Business Expenses.
Tip for Desktop: See 'Search a topic or ask a question...' to the upper right? Search for the exact phrase 'expenses, self-employed', click Jump to and go directly to Business Summary!
Differences for Business or Self-Employed Users:
- Instead of Federal Taxes, you may see Business at the top. Select this to go to Business Income and Expenses (if asked, select choose what I work on)
- Choosing Start/Edit/Update brings you directly into Business Summary.
