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February 27, 2023
Question

I am trying to double click on Schedule C in the 1099-k form and nothing his happening. What information do I enter in the Schedule C box of this form?

  • February 27, 2023
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1 reply

February 27, 2023

The "link" just let's TurboTax know which Schedule C Profit or Loss From Business is connected to that 1099-K. This is in case you have more than one business. 

 

IRS Schedule C, Profit or Loss from Business, is a tax form you file with your Form 1040 to report income and expenses for your business. The resulting profit or loss is typically considered self-employment income.

 

For instructions on where to enter your Schedule C, click here.

 

Additional information: Where do I enter my self-employment business expenses, like home office, vehicle mileage, and supplies?

 

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