t4441tb
New Member

Do i enter sales tax that my company paid in for 2016

My husband owns the business and paid in sales tax. Do I enter this on my tax return? If so how.  He also doesn't take a paycheck so how do I enter his income?
ChrisJ
New Member

Get your taxes done using TurboTax

Self-employment income:

  • includes money you earn as a contractor, consultant, freelancer, or other independent worker.
  • Is reported on 1099-MISC (Box 7), 1099-K (Box 1a), or as cash, check or credit card sales transactions.
  • Requires you to complete Schedule C
  • You can deduct expense related to the income.
  • Requires you to pay self-employment tax.

  1. Sign In - Continue your/take me to my return
  2. Go to Federal Taxes (or Business, if shown), then Income & Expenses
  3. Edit/Add/Update Self-Employment/Schedule C Income/Expenses
  4. On the page titled Here's the business info we have so far, Add/Edit income items  
  5. Next page is titled Your .... Business. You can enter income under business income and you can enter taxes paid under Other Common Business Expenses - Tax and License Expenses

https://www.irs.gov/publications/p535/ch05.html

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