I paid for Workmens Comp Insurance and would like to deduct these payments as a business expense. If these are deductible where do I report them on the Schedule C or in the TurboTax categories for business expenses?
Enter your Workman's Comp Insurance payments in the Insurance Payments category in TurboTax Self Employed.
Type in schedule c in the search box, top right of your screen
Click on the first category Jump to schedule c link
Follow the prompts and online instructions
Arrive at the Your Business page
Scroll down to the Business Expense category
Click start or update next to Other Common Business Expenses category
Arrive at the Let's write off some business expenses page
Scroll down to the Insurance Payments category to make your entry.
Enter your Workman's Comp Insurance payments in the Insurance Payments category in TurboTax Self Employed.
Type in schedule c in the search box, top right of your screen
Click on the first category Jump to schedule c link
Follow the prompts and online instructions
Arrive at the Your Business page
Scroll down to the Business Expense category
Click start or update next to Other Common Business Expenses category
Arrive at the Let's write off some business expenses page
Scroll down to the Insurance Payments category to make your entry.