Since your friend is self-employed, he needs to include Schedule C in his return. To do this he will need to use TurboTax Self-Employed (online) or TurboTax Home & Business (CD/Download). To enter the information on his business, please follow these steps (in TurboTax Self-Employed): General Information Click on Income and Expenses and then click the Start/Revisit box in the Self-Employment section. If you haven't yet entered information on your business, you should see a screen, Tell us the type of self-employment work you do. Enter a description of your work, for example dog training, graphic design, etc.) If you are filing a joint return, indicate whether the business belongs to you or your spouse and click Continue. Proceed through the screens, entering the requested information. When you have completed the interview, you will be brought to the Here's your [business] info screen, where you can enter more information on your business, like income, expenses, assets, etc.Income On the Your 2019 self-employed work summary screen, click on Edit next to your business. On the Here's your [business] info screen, click on the box Add income for this work. On the next screen, Let's get any additional income, mark the button for the income source [1099-MISC, Additional income, etc. and click the Continue boxContinue through the screens, entering your business income.Expenses On the Here's your [business] info screen, click on the box Add expenses for this work. On the Tell us about any expenses screen, scroll down through the categories, marking the appropriate radio buttons and click Continue at the bottom of the screen. Turbo Tax will take you through the different categories to enter your expenses.

Question

My friend does personal contracting for work and gets paid cash how is he supposed to file

Forum|Forum|6 years ago
January 29, 2020
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TurboTax Free Edition Online

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Irene2805

Since your friend is self-employed, he needs to include Schedule C in his return. To do this he will need to use TurboTax Self-Employed (online) or TurboTax Home & Business (CD/Download).

To enter the information on his business, please follow these steps (in TurboTax Self-Employed):

General Information

Click on Income and Expenses and then click the Start/Revisit box in the Self-Employment section.
If you haven't yet entered information on your business, you should see a screen, Tell us the type of self-employment work you do. Enter a description of your work, for example dog training, graphic design, etc.)
If you are filing a joint return, indicate whether the business belongs to you or your spouse and click Continue.
Proceed through the screens, entering the requested information.
When you have completed the interview, you will be brought to the Here's your [business] info screen, where you can enter more information on your business, like income, expenses, assets, etc.

Income

On the Your 2019 self-employed work summary screen, click on Edit next to your business.
On the Here's your [business] info screen, click on the box Add income for this work.
On the next screen, Let's get any additional income, mark the button for the income source [1099-MISC, Additional income, etc. and click the Continue boxContinue through the screens, entering your business income.

Expenses

On the Here's your [business] info screen, click on the box Add expenses for this work. On the Tell us about any expenses screen, scroll down through the categories, marking the appropriate radio buttons and click Continue at the bottom of the screen.
Turbo Tax will take you through the different categories to enter your expenses.