Schedule C income and expenses

[aestone]

Hello:

Last year I was able to prepare my schedule C with income and expenses, I am a sole proprietor and I  want to be able to do that again, however, I am seeing things like I have to get turbo tax self employed in order to be able to deduct the expenses on my schedule C. Is this true and why has turbo tax changed since last year, Allen

[VolvoGirl]

Yes it's true and it was the same last year.

You can enter Self Employment Income into Online Deluxe or Premier but if you have any expenses you will have to upgrade to the Self Employed version or use any of the Desktop CD/Download programs.

How to enter income from Self Employment

https://ttlc.intuit.com/community/self-employed/help/how-do-i-report-income-from-self-employment/00/...

[Carl]

Actually, nothing has changed. But you may have changed the version of TTX that you use.

When using the online version of the program, you have to use the self-employed version in order to report SCH C income *and* expenses.

If you use the CD version that you install on your computer, then you can use any flavor you want from Deluxe on up, to report SCH C income and expenses.

[VolvoGirl]

What version did you use last year?   Maybe you used the Desktop CD/Download program?  Or the IRS Free File program?  That lets you do Schedule C .  

[aestone]

Hi:

How do you use the self employed version in the online version of the program. I should have brought the disk instead of the online version, dang, Allen

[aestone]

Turbo Tax Deluxe, desktop version 

[VolvoGirl]

If you haven't paid for online you can switch to the Desktop program again.  And were you able to transfer last year on your computer to the Online version?  It can be done.

Have you entered very much into Online?

You can move your Online file to the Desktop program and continue without paying for Online or needing to reenter your info.

To continue in the desktop version see this…….

https://ttlc.intuit.com/community/choosing-a-product/help/how-do-i-switch-from-turbotax-online-to-th...

Download the .tax2021 file for free

How do I save my TurboTax Online return as a tax data file?

After you get the program installed the first thing to do before you open your tax return .tax file is to update the program and install any state programs you had. Then open your file. So you first might need to start a fake return to be able to download the state program (go to FILE - NEW).

You can buy the CD/Download here,

https://turbotax.intuit.com/personal-taxes/cd-download

[SForrestLO]

Thank you @VolvoGirl