How to add expenses in self employment?

Forum|Forum|3 years ago
March 27, 2023
3 replies
6 views

Can't add assets in expenses. in self employment I'm trying to add computer and other accessories but turbo tax keeps going back to the wage and income screen.

BrittanyS

Level 12

To add assets or expenses for self-employment in TurboTax Online, follow the steps below:

Click Wage And Income
Click Edit next to Self-employment income and expenses
Click Edit next to the business name
Click Add expenses for this work
Check off Assets to add assets or select any expense needed, and click continue
Click Start next to Asset and complete the asset entry
Click Start next to each expense and enter the expense information

**Say "Thanks" by clicking the thumb icon in a post. **Mark the post that answers your question by clicking on "Mark as Best Answer"

txkptAuthor

Level 4

it loops back to the main expenses scren after "Now, let's review each item you bought"

PatriciaV

Level 15

Sounds like you need to restart TurboTax. Please log out of TurboTax, refresh your browser, and clear your cookies and cache. Then restart your browser and log into TurboTax again.

For more help, please see:

**Say "Thanks" by clicking the thumb icon in a post. **Mark the post that answers your question by clicking on "Mark as Best Answer"

ArmaniSimmons23

Level 2

Hi, folks. Is using pay stubs for tracking expenses worth it? I've recently opened my small cafe, so I'd like to automate financial accounting without using Excel, lol. I hope it's possible.

PaitynKeller

Level 2

Hey, everyone. When it comes to tracking expenses, it's always a good idea to put something in place to make sure everything is up to date and accurate. Pay stubs are great for that, and you can use them for any type of financial accounting. It's definitely worth considering if you're looking for an automated system to store your expenses. Checkstubs is a great option and can make it easier for you to keep track of everything. Plus, it's way easier than Excel. Hopefully, this info helps and you can find the best solution for your café. Good luck!