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andypeer1
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I am filing 6 1099-MISC forms for contractors I used for my home business. Where do I enter them as a "business cost'?

 
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I am filing 6 1099-MISC forms for contractors I used for my home business. Where do I enter them as a "business cost'?

If you are issuing 1099MISCs, then you will also want to include that amount as a business expense for your Schedule C.  You can enter it as an expense for Contract Labor under Business Expenses > Other Common Business Expenses.  See screenshots below.

If you need to get back to your self-employed income/expenses for Schedule C follow the instructions below -

  • Log into your account and click Take Me To My Return (you must click this before searching if you are not already in your account)
  • Type “Schedule C" in the search box, top right of your screen, then click the magnifying glass
  • Click the "jump to schedule c" ink in the search results.
  • You will arrive at the Your Business summary page where you can add/edit a business
  • Follow the onscreen instructions to enter your business income and expenses
  • When you get to Business Expenses - select Other Common Business Expenses
  • Choose the Contract Labor option from the list
  • Enter the amounts you paid out for the 1099-MISC

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1 Reply

I am filing 6 1099-MISC forms for contractors I used for my home business. Where do I enter them as a "business cost'?

If you are issuing 1099MISCs, then you will also want to include that amount as a business expense for your Schedule C.  You can enter it as an expense for Contract Labor under Business Expenses > Other Common Business Expenses.  See screenshots below.

If you need to get back to your self-employed income/expenses for Schedule C follow the instructions below -

  • Log into your account and click Take Me To My Return (you must click this before searching if you are not already in your account)
  • Type “Schedule C" in the search box, top right of your screen, then click the magnifying glass
  • Click the "jump to schedule c" ink in the search results.
  • You will arrive at the Your Business summary page where you can add/edit a business
  • Follow the onscreen instructions to enter your business income and expenses
  • When you get to Business Expenses - select Other Common Business Expenses
  • Choose the Contract Labor option from the list
  • Enter the amounts you paid out for the 1099-MISC

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