Solved: Yes, it will work because the $100 can be claimed as just...

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

posted

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.

View solution in original post

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.

I was on a health plan with my parents who chose "no" when allocating policy amounts with another tax payer. Can I claim zero percentage for my SLCSP?

in Get your taxes done using TurboTax

Expert does your taxes

Do it yourself

Resources

Support

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

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

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

Get more help

Do you have a TurboTax Online account?

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

Do you have an Intuit account?

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

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

Get more help

Related Content

Thank you for helping us improve the TurboTax Community!

Sign in to Turbotax

File your taxes, your way

Access additional help, including our tax experts

Post your question

Connect with an expert