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poway83
New Member

I have TurboTax Deluxe. I have a sole proprietorship with income of under $100. Will this work?

 
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Anita01
New Member

I have TurboTax Deluxe. I have a sole proprietorship with income of under $100. Will this work?

Yes, it will work because the $100 can be claimed as just other income, since you won't owe any self-employment tax on it.  You won't be able to deduct expenses though.  

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1 Reply
Anita01
New Member

I have TurboTax Deluxe. I have a sole proprietorship with income of under $100. Will this work?

Yes, it will work because the $100 can be claimed as just other income, since you won't owe any self-employment tax on it.  You won't be able to deduct expenses though.  

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