DawnC
Expert Alumni

Deductions & credits

Business Insurance should be reported on your Schedule C.  In the desktop program (Home & Business), try these steps:

 

  1. Open/Continue your tax return
  2. Click on the Business tab at the top of the screen
  3. Click Continue
  4. Select I'll choose what I work on, then Continue
  5. Click Update next to Profit or Loss from Business
  6. Click Edit next to your business 
  7. Scroll down to Business Expenses
  8. Click Edit/Update next to Other Common Business Expenses
  9. Select Edit/Update next to Insurance Payments
  10. And finally, Edit/Update next to Business Insurance

 

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