Did you know TurboTax can help you report that Entrepreneurship in retirement as a side-job is possible?

Forum|Forum|1 year ago
February 20, 2025
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TurboTax Self Employed Online

xmasbaby0

Employee

If you are retired but have some self-employment income, you will need online Premium software or any version of the desktop download in order to prepare a Schedule C for your business expenses. All of that income goes on the same tax return.

You will pay self-employment tax for Social Security and Medicare.

https://ttlc.intuit.com/community/self-employed/help/how-do-i-report-income-from-self-employment/00/26653

https://ttlc.intuit.com/community/self-employed/help/what-is-the-self-employment-tax/00/25922

https://ttlc.intuit.com/turbotax-support/en-us/help-article/import-export-data-files/enter-schedule-c/L5Fz3j5us_US_en_US?uid=m6a6gknk

https://ttlc.intuit.com/turbotax-support/en-us/help-article/import-export-data-files/enter-self-employment-business-expenses-like-home/L1k6HJY4A_US_en_US?uid=m6jrthmp

https://ttlc.intuit.com/turbotax-support/en-us/help-article/self-employment-taxes/self-employed-expenses-deduct/L37ZS1B8T_US_en_US?uid=m6fntpg7

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**