Paid part time employees 6000 can i deduct that full amount?

[kaycasapropertie]

I enter the amount under wages paid, but I am only getting credit for a small portion

[VolvoGirl]

Did you take FICA, withholding and deductions out of their pay and give your employee a W2 and file the quarterly payroll reports?  If not they are not an employee and you don't report it under wages.

If you didn't issue a W2 then they are contract labor and you need to give them a 1099Misc for $400 or more.  That goes on Schedule C line 11 for Contract Labor (not wages).

Business expenses don't reduce your tax due 1 to 1.  Only a percentage.   The self employment tax is about 15% on your Net Profit.  So adding expenses only reduces the SE tax by 15%.

[Critter]

You are confusing an expense deduction on the Sch C and a tax credit . The expenses deduction on the Sch C will reduce the self employed income $ for $ but that is not the same on the Refund-O-Meter .