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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?
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June 6, 2019
3:31 AM
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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.
- Sign In - Continue your/take me to my return
- Go to Federal Taxes (or Business, if shown), then Income & Expenses
- Edit/Add/Update Self-Employment/Schedule C Income/Expenses
- On the page titled Here's the business info we have so far, Add/Edit income items
- 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
June 6, 2019
3:31 AM