511191
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.

How do I add my expenses as a licensed life insurance agent with no income yet?

I have social security income and also income from part time jobs. I became state licensed for health and life insurance with TransAmerica Financial Advisers (World Financial Group) but have no income yet and file a joint return with my wife. Can I enter my expenses paid for from my other sourses of income somewhere on the tax form? 

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
Coleen3
Intuit Alumni

How do I add my expenses as a licensed life insurance agent with no income yet?

Yes. 

HOW TO ENTER without a 1099-MIsc 

You can enter the words, "self employed income" in the search bar and click FIND.

When asked "Did you have any self-employment income or expenses?" select Yes

You'll see the screen titled "Tell us the type of self-employment work you do." Enter your description, then Continue

On the next screen "Let's get income for [description]" select the button Additional income. Includes 1099-K, check/cash payments and Continue 

The next screen will say "Tell us about additional income for your [description] work." List descriptions and amounts on this screen


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