Can Form 1065 Schedule M 3 Filing 2021-2024

Divide this text into sentences and correct mistakes: 1. Are my 1099s double counting my income, and where do I enter my income in TurboTax? 2. Aloha friends, Amanda here from the Business Finance Coach where I'm simplifying finances and helping you grow your self-employed work into a business. Welcome to my tax series. In today's video, I'll be using TurboTax to enter your income and 1099s. Be sure to check out my other videos in this series. 3. TurboTax is a high-end tax software, but I will also be covering mid-range software like Tax Act and low-end software like Free Tax USA. If you're self-employed and have a 1099, Free Tax USA is actually free. I will be doing comparison videos at the end. 4. In the desktop software, you will have a business tab. Click continue and choose what you work on to access the main listing. If TurboTax is confusing at first, click around a little bit because it's not that confusing. It gets simple very quickly. 5. If you're self-employed, you won't have a business tab but instead have options on the left. Click federal taxes, then income, and scroll down to self-employed business income expenses. It's similar to the business income and expenses section we have here. 6. Click update if you have already set up your business in the profile setup video. You will see there is no gross income or net income as we just set up the business in the first video. Click "Edit this business" to enter all the information for this business and make changes if needed. 7. In the business income section, you can click the "learn more" buttons to save time and avoid confusion. These buttons provide answers to questions you might have. Any income you receive from products or services can be reported on...