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October 7, 2020
Question

IF Ihave a full time job but also have a side business at home. do I add income as self employed and will the schedule c, se and form 4562 pop up for me?

  • October 7, 2020
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1 reply

rjs
Employee
October 7, 2020

Yes, you enter the income from your side business as self-employment income. TurboTax will create Schedule C and Schedule SE. You will only get Form 4562 if your business has depreciable assets. I'm not sure what you mean by "pop up." You won't see the Schedules and Form 4562 in TurboTax Online, but they will be in your tax return and you will see them when you print the tax return.


You enter the W-2 for your full-time job the same way that you would if you didn't have the side business.