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New Member
posted Jun 1, 2019 6:30:55 AM

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

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1 Best answer
New Member
Jun 1, 2019 6:30:57 AM

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.  

1 Replies
New Member
Jun 1, 2019 6:30:57 AM

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.