turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Business Expense

Where exactly do you put your business equipment, tools, expense in? Plumber is the occupation.

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply

Business Expense

To enter your business expenses in TurboTax self employed, follow those steps:

       1. Log into your TurboTax online account and click on the Business tab and select Continue

       2.  Select “I’ll choose what I work on” and this takes you to “Let’s gather your business info” screen

       3. The first section down is Business Income and Expenses, choose Update

       4.  You are now at the “Here’s  the business info we have so far” screen where you should see your Business listed

       5. Click Edit next to that business and on the next screen, scroll down to the fourth section which should be Business Expenses and select “Visit All”. Then you can enter your expenses. 

 

Plumber related deductions could be:

  • Union dues or trade association fees.
  • Insurance costs for liability protection.
  • Repairs.
  • Any equipment specialized to the trade and replaceable within a year.
  • Certain safety equipment like steel-toed shoes.
  • Car of truck expenses

You can learn more about business expenses here:

 

Taking Business Tax Deductions

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question