How to Add Business or Freelance Income

Step 1: Sign up on eFile.com If you do not already have an account.

Step 2: Sign in to eFile.com.

You will arrive at the income section as you work through the tax interview. This is where you will first be asked about W-2 income. Add this income if applicable before proceeding through the remaining sections. To quickly navigate the business section, select Federal Taxes > Income > Business.

Select that you have a business to add and enter your details - you must select that this is for a business so Schedule C or Schedule SE can be generated. This applies if you own a business or you do freelance work; for tax purposes, you own your own business if you do freelance work. If you do not select that this is for a business, the IRS may contact you to correct this so you can pay self-employment taxes.

As someone who is self-employed, you are able to add your income earned for the business as well as expenses you had that relate to your business. You can add income you did not receive a tax form for and income you received a 1099-MISC or 1099-NEC for. Deductions for expenses are added lower on the page; some items, like vehicles and mileage, are added later.

Don't overlook these tax savings! Be sure you work through the entire business interview so you do not miss any deductible expenses. For example, depreciation and vehicle mileage or use are entered toward the section's end.

Once you finish, eFile will have generated your Schedule C and Schedule SE - you can see your return at any point under My Account by opening the PDF return in progress.

See more details on self-employment income.

At any point, contact us with further questions if you are unsure of anything.