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May 16, 2021
Question

How do i file a schedule c for a sole proprietor LLC I formed in 2020 to show income and expenses on my personal tax return

  • May 16, 2021
  • 1 reply
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1 reply

ColeenD3
May 16, 2021

We'll automatically complete Schedule C for you when you set up your self-employment work or income in TurboTax, which is usually reported on Form 1099-NEC or 1099-MISC. It gets attached to your Form 1040 which we'll also handle for you.

To set up your business:

  1. Open or continue your return.
  2. Search for schedule c and click the Jump to link in the search results.
  3. Answer Yes to Did you have any self-employment income or expenses?
    • If you've already entered self-employment work and need to enter more, select Add another line of work.
  4. Follow the onscreen instructions.