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Get your taxes done using TurboTax
While Schedules C and SE have not yet been officially finalized, they are unchanged from 2022 TurboTax except for the addition of a new line 27b on Schedule C for a deduction for energy-efficient commercial buildings reported on the new Form 7205. You should still be able to get the correct result for net profit on Schedule C line 31 and a correct result on Schedule SE if everything has been entered properly. If you have entered a Form 1099-NEC, make sure that it's properly linked to the Schedule C so that the amount is included on the Schedule C. Correct amounts on Schedule C line 31 and Schedule SE do propagate properly to the Keogh, SEP and SIMPLE Contribution Worksheet.
‎January 4, 2024
5:27 AM