The Income and Expenses from this activity must be reported on Schedule C. In order to enter these items into your Tax Return, you must create a Business Profile. Please follow the steps below:
- Log into TurboTax Online and access your Tax Return through the Timeline
- From your Welcome Page in the upper right-hand corner find the Search Box and type Schedule C (capital Sand C) hit enter and from the search options click on Jump to Schedule C
- In the next page you will click on Add a Business and follow the path TurboTax provides.
Once you have set your Business Profile to return to the area where you can enter Income and Expenses, just repeat steps 1 and 2 but on the profile you created click Edit.