Question

self employed, 2 sources of income, one in each city

Forum|Forum|2 years ago
February 5, 2024
1 reply
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I'm self employed in Michigan. I'm taking the standard deduction. I do construction work based in one city, and tourism exclusively in another city. I'm hung up in turbotax trying to get 2 different returns that reflect the income I made in each city. How does this work?

TurboTax Self Employed Online

VolvoGirl

You should fill out 2 separate Schedule C. See this to add another Schedule C

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

If you've already entered self-employment work and need to enter more, select Add another line of work.

To add another business or Schedule C….

Go to Federal

Wages and Income,

Then scroll way down to Business Items

Business Income and Expenses - Click the Start or Update button

You should see the Business Summary page that lists your businesses, right below the list you can Add Another Business

M

major_damageAuthor

Thanks for your reply. I have both lines of income entered under self employed. Under state returns it asks what cities I lived/worked in. Under city returns I say I worked in the 2 cities. under income apportionment it asks for

Gross Receipts from Sales Made and Services Rendered

The only columns are "All sources" and "city 1". Whatever the value I put for "All sources" it has me pay taxes on all of that in the city I live in without accounting for what I'm paying taxes for in "city 1". So lets say my total income is 11,000 for all sources and 3000 for city 1. I end up paying taxes on 11,000 plus 3000 instead of 3000 for city 1 and 8000 for city 2. What am I doing wrong?