In 2020 I earned some income for my side business. I'm in the BUSINESS | Business Income and Expenses section. I'm not sure how TurboTax thought I'd been in this before, so I've clicked on the Update button for 2020. Here's the options that I have on this page:
In 2020 I received two checks, at different dates, for different services I rendered. But just checks. So, no 1099 anything from the client. The last one is wrong, so I think it's either "General Income" or "Other Income". I'm not sure which, between those two, I should choose. Other Income seems like it's wrong, but I could be wrong.
Should I use General Income to enter the amount of each individual check? Or is Other Income appropriate?
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In the Business Income section where you are, you go into Other Income. This is where you enter any income that you receive by check or cash. In the Online version, there's a Question Mark in a blue circle. I encourage you to click on that or Learn More links if there is one. These give you amazing information to help you along the way.
In the Business Income section where you are, you go into Other Income. This is where you enter any income that you receive by check or cash. In the Online version, there's a Question Mark in a blue circle. I encourage you to click on that or Learn More links if there is one. These give you amazing information to help you along the way.
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