Self employed filing taxes

[linsey-harper]

If I made under $10,000 through paypal in 2016, do I need to report it?

[Critter]

You must report every $1 that you make as a self employed individual.  Failure to do so will get you a nasty letter from the IRS in a year or so.

[linsey-harper]

where do i find the schedule c if I dont have a 1099

[SweetieJean]

Didn't Paypal send you a 1099-K?

[xmasbaby0]

Yes.  If you made at least $400 in self-employment income it has to be reported on a tax return.

[linsey-harper]

If i dont have a 1099 where can i find a schedule c

[Critter]

To get to Schedule C in TurboTax :

1. Go to "Business" at the top of the screen

2. Select "Continue" then "I'll choose what I work on"

3. Select "Start" next to "Business Income and Expenses"

4. Proceed to enter your business information and answer the interview questions

5. When you get to the "Your Business" page: Business Profile, Business Income and Expenses, Inventory/Cost of Goods Sold etc., this is Schedule C

In the income section skip the 1099-misc entry screen and enter all your income in the General income screen ...

[linsey-harper]

im not seeing business at the top of my screen

[Critter]

Crud ... you have the other program ... wish they would have left things alone.  

Ok ... FEDERAL taxes ... SELF EMPLOYMENT ... follow the interview screens.

[Critter]

And it is called ADDITIONAL INCOME  instead of General Income.