Question

How can I keep category info when Self-Employed grouped all transactions into Other self-employed income when I need to list income as separate 1099s?

Forum|Forum|6 years ago
April 26, 2020
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TurboTax Self Employed Online

Employee

If you have one business with multiple clients, you list all your income and all your expenses on one schedule C. For example, if you are a landscaper in the summer and snowplowing in the winter, those could be listed as one business.. If you have more than one business and they are different enough that you need to list them separately, for example landscaping and catering, then you need to create two separate schedule C’s and list the 1099s separately under each business as appropriate.

M

mogrifysteveAuthor

This helps clarify, thank you.

But what about the 1099-MISC I receive from my clients, the payers...

How do I know the info they report matches what I'm reporting if it's all grouped? Or a different way to ask, If it's all grouped, do I still enter the 1099-MISC form info I received, and where, since this info is transferred from QB Self Employed?

O

Opus 17

Employee

Normally, you would enter each 1099-MISC form in TurboTax, and then add any other income that was not on a 1099. The schedule C puts everything together, but TurboTax will also transmit the 1099 information individually so the IRS can match it, if you e-file. (If you mail your returns, you staple all your 1099s to the front page.).

I don’t know how QuickBooks self-employed version interfaces with TurboTax though. Someone else might know. @Critter