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mothderth
New Member

What section under business deductions should I report returns / refunds on products?

 
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Accepted Solutions

What section under business deductions should I report returns / refunds on products?

TurboTax labels returns and allowances as Rebates/refunds paid in TurboTax Online. Please review the following instructions to navigate to the relevant screen (attached screenshot titles in parentheses):

  1. Sign in to TurboTax and select Take me to my return.
  2. In the upper right corner, type "schedule c" in the Search box and then select the "Jump to" link in the search results.
  3. Select Edit on Line of work. (ttse_work_summary)
  4. Select Add income for this work. (ttse_add_income_expenses)
  5. Select Rebates/refunds paid. (ttse_rebates_refunds_paid)

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2 Replies

What section under business deductions should I report returns / refunds on products?

TurboTax labels returns and allowances as Rebates/refunds paid in TurboTax Online. Please review the following instructions to navigate to the relevant screen (attached screenshot titles in parentheses):

  1. Sign in to TurboTax and select Take me to my return.
  2. In the upper right corner, type "schedule c" in the Search box and then select the "Jump to" link in the search results.
  3. Select Edit on Line of work. (ttse_work_summary)
  4. Select Add income for this work. (ttse_add_income_expenses)
  5. Select Rebates/refunds paid. (ttse_rebates_refunds_paid)
mothderth
New Member

What section under business deductions should I report returns / refunds on products?

Thank you! perfect.

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