I started a business in September, 2016. I purchased power equipment and supplies to do the jobs I bid. Where do I enter my expenses. Not depreciate them

[AnnetteB · Accepted solution]

If you do not see a category under the Common Business Expenses section that would match your expenses, then you can enter them as a miscellaneous expense where you can enter a description and the expense amount. 

Use these steps:

• On the top row of the TurboTax online screen, click on Search (or for CD/downloaded TurboTax locate the search box in the upper right corner)

• This opens a box where you can type in “schedule c” (be sure to enter exactly as shown here) and click the magnifying glass (or for CD/downloaded TurboTax, click Find)

• The search results will give you an option to “Jump to schedule c”

• Click on the blue “Jump to schedule c” link

• Click Edit beside your business name

• Scroll to the Business Expenses section, click Update or Edit beside Other Common Business Expenses

• Scroll to the bottom of the screen and click Update or Edit beside Other Miscellaneous Expenses

• This will allow you to enter a short description and an amount for the expenses you incurred