- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
@DavidD66 , thank you so much for your answer! 💪
I'm thinking about taking the approach where you said "file Schedule C and report your payroll expenses as if you were paying a 3rd party."
You said "While not the correct way to do things, you won't be penalized." So, would it pass (be acceptable) if I were chosen to be audited?
Since I'll be using TurboTax (upgraded), I won't necessarily even be aware of forms Schedule C and Schedule SE. How / where can I ensure that TurboTax (and therefore the IRS and state of GA) know the right values for everything so that I'm not double-paying for Medicare, FUTA / SUTA, or anything else?
I really appreciate your help!
Thanks 😀
P.S. When you wrote "you will only have to file Schedule along with" did you mean "Schedule C"?
And you referred to "TurboTax Self-Employed" and "TurboTax Business", but I'm guessing you mean "TurboTax Home & Business" for both of them, since the only upgrade options I see from Deluxe are to "Premier" or "Home & Business".