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Get your taxes done using TurboTax
No, you do not need to recreate these forms in TurboTax. These are regular business expenses and should be included in the correct expense category.
When you are in your business portion of your tax return they should be entered in the following categories.
- The total of your W-3, which is the combined total of all wages of all W-2s should be entered under Wages.
- The employer portion of payroll taxes (employer share of social security and Medicare tax, unemployment tax for both federal and state) should be part of the 'Taxes' expense or as a labeled Miscellaneous expense.
- The total amount from Box 1, for all Forms 1099-NEC should be under the expense category of sub-contractor or independent contractor. You an also choose to list this under Miscellaneous expense if you don't see the category you want.
You may need to select to add more expenses to see the list in your business expense section. These are very common business expenses for all businesses.
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March 9, 2021
1:57 PM