turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Event: Ask the Experts about your refund > RSVP NOW!
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Turbo Tax won't let me file a schedule C

I am trying to report my Etsy shop income, but I didn't earn enough to receive a 1099-K. I believe this means I need to file a schedule C, but every time I click the Schedule C form it keeps going to the screen below. If I click "yes", it asks me to select a financial institution.

 

Also is it correct for me to select "Other self-employed income, includes 1099-K, cash, and checks" when adding income under my Etsy shop, even though I didn't receive a 1099-K?

 

"Schedule C" prompt screen

 

schedule c prompt.PNG

Adding income source

turbotax.PNG

Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

3 Replies

Turbo Tax won't let me file a schedule C

You should choose No when it asked you about dividend income, it is different type of income and it only can be paid by financial institution. 

You correctly selected select "Other self-employed income, includes 1099-K, cash, and checks". Since you didn't receive tax form regarding the income, it is considered Cash income. You can continue through the interview to enter your business information, income and expenses.

  

Turbo Tax won't let me file a schedule C

I have a 1099-DIV that I do need to file for an investment unrelated to my self-employement but I haven't received the paperwork yet. After I file the unrelated 1099, will it still prompt me to file a schedule C for my self-employment?

 

Thank you for your help!

Turbo Tax won't let me file a schedule C

You can have your income from different sources, and you have to report all of them. Your dividend income doesn't affect reporting of your self-employment income.

It is better to wait until you have all your tax forms to file your tax return in order to avoid complications and amending your tax return.  

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies