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Returning Member
posted Feb 10, 2024 10:37:46 AM

Does the Turbo Tax Home and Business version create the Schedule C?

For independent contractor expenses such as mobile phone, internet, computer equipment, etc. will the Home and Business versions create the Schedule C based on questions or will I still manually need enter into Schedule C form?

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3 Replies
Level 15
Feb 10, 2024 10:42:35 AM

Yes it will create Schedule C .  In fact All the Desktop programs have the same forms. You just get more help and guidance in the higher versions. 

After you enter your personal info, the Home & Business program will take you through your business income under the Business tab.  Or you can manually enter directly into the Schedule C form.  When or why did you have to manually enter Schedule C ?  

Returning Member
Feb 10, 2024 12:37:58 PM

Thanks, I've always used the Deluxe version but I don't see (or have not) come across yet which questions would trigger the generation of a Schedule C for deductions. 

Level 15
Feb 10, 2024 1:01:31 PM

In the Home & Business Desktop version,  Fill out Schedule C here

The Business tab

I'll choose what I work on

Business Income and Expenses

Then….

Profit or Loss from Business, click Start or Update

 

For lower Desktop versions

Enter it under…..

Federal Taxes Tab

Wages & Income

Choose Jump to Full List -or I'll choose what I work on

Then scroll way down to Business Items

Business Income and Expenses - Click the Start or Update button