If I was coaching a preschool last year and received a 1099-nec, I sold the preschool items worth 1500 and worked for the other 1500. How do I input info into turbotax?

[ColeenD3 · Accepted solution]

You are considered self-employed for this income. You must report it on Schedule C. What items did you sell? If you purchased these items and then turned around and sold them, you can take a deduction for the purchase.

Under Wages and Income, scroll down to Self-employment and then enter your 1099.

[wendylpo]

Thank you so much!

It was items I purchased and sold to the preschool at a very big discount.  Do I need to add self employment to my turbo tax to get that help?  and schedule C?

[LeonardS]

Your income for coaching will be reported on Schedule C as @ColeenD3 stated in her reply.  The items you sold to the school can not be included in your schedule C if it was your intention to sell, donate, the items to the school for a very big discount.  T