Can I claim the fees paid for Workmens Comp Insurance as a business expense and if so where on the Schedule C?

[tomdeaux]

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?

[Marketstar · Accepted solution]

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.

[tomdeaux]

Excellent answer, truly appreciated.

[Marketstar]

Thank, you and your business is just as appreciated.