You can enter Self Employment Income into Online Deluxe but if you have any expenses you will have to upgrade to the Premium version.Or use any of the Desktop CD/Download programs.
The income that you make from Door Dash is reported on Schedule C of your 1040. The IRS considers self-employment income as a business, so you will also be able to deduct common business expenses from your income. To enter your business and self-employment income, follow the steps below:
Open TurboTax
Select Wages & Income
Select Self-Employment Income and Expenses
TurboTax will guide you through the interview screens to help you enter your income and expenses.
If you have self-employment income for which you will pay self-employment tax for Social Security and Medicare, you will need to use online Premium software or any version of the desktop software download so that you can prepare a Schedule C for your business expenses.
**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
To enter your DoorDash Income take the following steps:
Federal
Income and Expenses
Show More next to Self-Employment
Start next to Self-Employment
Yes, to you have any self-employment income or expenses
Enter the type of self-employment work you do and you can select that you use your name for your business
Click through a few more screens and you will get to a screen that says "Your XX info"
Click Looks good
Then you will come to a screen that says Let's enter the income for your business. It will give you the option of 1099-NEC or Other self-employed income including the 1099K , cash and checks. Here is where you will enter the money you receive.
If you do not select one, it will not let you enter your income
Enter your self-employment income on the next screen
Continue and on the next screen click add expenses such as your mileage
* Please note navigation may differ slightly depending on which version of TurboTax you are using*
This income will be reported on Schedule C which is part of your overall tax return. This also means you will be subject to Self-Employment (SE) Tax. If you did not pay SE Taxes in 2024, and if you plan to do this again in 2025, it may be a good idea to make quarterly estimated payments to cover your SE taxes of 15.3% and avoid penalties.