I have 2 w-2 type jobs and I have 1 1099-nec type job. I teach a class at a private school so I think I am a
sole proprietor. Can I use Turbo Tax Deluxe or do I have to use Turbo Tax bussiness.
You'll need to sign in or create an account to connect with an expert.
To report your self-employment income and to report your wages as a W-2 employee you will need to use the 2024 TurboTax Premium online edition - https://turbotax.intuit.com/personal-taxes/online/premium/
You can use any of the TurboTax 2024 desktop editions to report your self-employment income and to report your W-2 employee income, however the Home & Business edition is recommended but not required - https://turbotax.intuit.com/personal-taxes/cd-download/
You have self-employment income for which you will pay self-employment tax for Social Security and Medicare, so you will need to use online Premium software or any version of the desktop software download so that you can prepare a Schedule C for your business expenses. You can enter your W-2 income in any version of the software.
https://ttlc.intuit.com/questions/2926899-how-does-my-side-job-affect-my-taxes
https://ttlc.intuit.com/community/self-employed/help/what-is-the-self-employment-tax/00/25922
https://ttlc.intuit.com/questions/2902389-why-am-i-paying-self-employment-tax
https://ttlc.intuit.com/questions/1901340-where-do-i-enter-schedule-c
https://ttlc.intuit.com/questions/3398950-what-self-employed-expenses-can-i-deduct
https://blog.turbotax.intuit.com/self-employed/self-employed-tax-deductions-
calculator-2021-2022-50907/
https://ttlc.intuit.com/questions/1901110-do-i-need-to-make-estimated-tax-payments-to-the-irs
If you live in a state with a state income tax, you might need to make estimated payments to your state.
https://turbotax.intuit.com/tax-tools/calculators/self-employed/
You cannot use TurboTax Business. TurboTax Business is for partnerships, S corporations, trusts, and estates, not for a sole proprietor. You cannot use TurboTax Business for your personal Form 1040 tax return. TurboTax Business is not the same as TurboTax Home & Business.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
rdrnedlov
New Member
geronepowell
New Member
casey196
New Member
Mike-nguyen
New Member
prachikumar
New Member
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.