Yes. You will have to upgrade to Turbotax self Employment
You report the income from your own records. The IRS considers undocumented cash income (no W-2 or 1099-MISC), for work performed, to be self employment income. TurboTax (TT) will complete Schedule C or C-EZ for you and allow you to deduct any expenses associated with this income. You won’t have to pay self employment tax (social security) since you made less than $400.
Enter your income at the 1099-Misc screen (even if you didn't get a 1099-misc). You do not need the payer's ("employer's") Employer ID Number (EIN).
In TurboTax (TT), enter at:
- Federal Taxes tab
- Wages & Income
Scroll down to:
- Other Common Income
-Income from Form 1099-Misc
When asked why you got the 1099-Misc, select “Freelancer or Independent contractor”
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TurboTax also has another free product called the FREEDOM Edition (not to be confused with the regular Free Edition). It has free Federal preparation and free State preparation. There is no efiling fee. It is not available after October 15
The FREEDOM Edition can handle a 1099-MISC.
The Freedom Edition is more fully-featured than the regular Free Edition. The Freedom Edition can prepare Schedule A, C, D, E, and F that the Free Edition cannot. It will prepare a Form 1040 or 1040A or 1040EZ.
For Freedom Edition a user needs to meet only ONE of these qualifications:
• AGI of $33,000 or less
• or active duty military (including Reservists and National Guard) with a military-issued W-2 and a 2017 AGI of $66,000 or less
• or eligible for the Earned Income Credit (EIC aka EITC).
The FREEDOM Edition is located at:
https://turbotax.intuit.com/taxfreedom
How to switch and start over in Freedom Edition
https://ttlc.intuit.com/questions/2026912-how-do-i-switch-to-turbotax-freedom-edition
