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New Member
posted May 23, 2021 7:18:31 PM

Where can I add my gross income as a self-employed?

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1 Replies
Level 7
May 25, 2021 8:17:22 AM

Thank you for choosing TurboTax,

To enter your business income and expenses, please follow these steps:

  1. Skip ahead to the Self Employment section by selecting the magnifying glass from the menu.
  2. Enter self-employment in the search bar. 
  3. Select Self-Employment.
  4. Select Go.
  5. On the Your Self-employment Profile for 2020 screen, select any applicable boxes.
  6. Select Continue.
  7. Select Enter New Business for.
  8. On the Your Business Income for 2020 screen, select your business type from the dropdown menu. 
  9. Select Continue
  10. On the T2125 Business Statement screen, enter the basic information about your business.
  11. In the "Income" section, enter your income amounts.
  12. In the Calculation of Expense section, fill out  your expenses
  13. When finished, select Continue to claim your income and expenses.