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Where do we enter total sales?

 
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1 Best answer

Accepted Solutions
Ashby
New Member

Where do we enter total sales?

You can enter your self-employed income/expenses for Schedule C by following the instructions below -

  • Log into your account and click Take Me To My Return (you must click this before searching if you are not already in your account)
  • Type “Schedule C" in the search box, top right of your screen, then click the magnifying glass
  • Click the "jump to schedule c" link in the search results.
  • You will arrive at the Your Business summary page where you can add/edit a business
  • If you have not set up your business profile, the program will ask you a series of basic questions to establish your profile 
  • Follow the onscreen instructions to enter your business income and expenses
  • For entering income, there will be two main sections:  one specifically for income reported on a Form 1099-MISC and one for all other additional income (including cash, checks, or income reported on a Form 1099-K)
  • If you have income reported on a Form 1099-MISC, then enter it under that section
  • If you don't have a Form 1099-MISC, then this second option for "all other additional income" is where you will enter your gross sales
  • After entering your income, follow the prompts to enter any expenses 

View solution in original post

1 Reply
Ashby
New Member

Where do we enter total sales?

You can enter your self-employed income/expenses for Schedule C by following the instructions below -

  • Log into your account and click Take Me To My Return (you must click this before searching if you are not already in your account)
  • Type “Schedule C" in the search box, top right of your screen, then click the magnifying glass
  • Click the "jump to schedule c" link in the search results.
  • You will arrive at the Your Business summary page where you can add/edit a business
  • If you have not set up your business profile, the program will ask you a series of basic questions to establish your profile 
  • Follow the onscreen instructions to enter your business income and expenses
  • For entering income, there will be two main sections:  one specifically for income reported on a Form 1099-MISC and one for all other additional income (including cash, checks, or income reported on a Form 1099-K)
  • If you have income reported on a Form 1099-MISC, then enter it under that section
  • If you don't have a Form 1099-MISC, then this second option for "all other additional income" is where you will enter your gross sales
  • After entering your income, follow the prompts to enter any expenses 
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