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June 4, 2019
Solved

How do I record ACH deposits as income to my freelance business? Can I add checks, cash, and ACH together and report the number as 1 line in self employed income section?

  • June 4, 2019
  • 1 reply
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I have a freelance business (single member LLC) and I accept payment from my clients via the quickbooks online bank transfer (ACH transfer), checks, and cash. How do I report ACH transferred money as self-employed income? (it only asks for cash, check, and credit card payment methods.) Also, can I add the checks, cash, and ACH transferred money together into 1 number and report that number as 1 line item in the self-employed income section in turbo tax?

Best answer by Lisa995

Yes, all income can be added together and reported on the Income line of the Sch C.

1 reply

Lisa995
Lisa995Answer
Employee
June 4, 2019

Yes, all income can be added together and reported on the Income line of the Sch C.

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