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April 19, 2020
Question

Did I buy the wrong product?

  • April 19, 2020
  • 1 reply
  • 0 views

I bought TurboTax Home and Business. I received a 1099-MISC as a contractor for a short job I did. I don't have my own business. Upon starting my taxes with this product, it is asking me if I started or dissolved my business in 2019. I don't have a business, just a contractor. What do I do?

    1 reply

    fanfare
    Employee
    April 19, 2020

    you do have a business as indicated by that 1099-MISC.

    search for "sole proprietor" and set up a Schedule C before you enter the 1099-MISC into turboTax

    stal023Author
    April 20, 2020

     

    This is the screen I am at. What do I put? Do I say I started it? I have no business name, nothing set up as a business.