NicoleU
New Member

Deductions & credits

• Click Business, then Continue
• How do you want to enter your business income?, then I'll choose what I work on
• Business Income and Expenses, click Start/Update
• Did you have any income and expenses for a business in 2016?, click Yes
• First, let's confirm your business name and address, click Continue
• Enter Business Information, click Continue
• Tell us about your business, click Continue
• Enter Employer ID Number, If Any, click Continue
• Do you use the cash method of accounting to run your business?, click Continue
• Did you make any payments that required you to issue a form 1099?, click Continue
• Do any of these uncommon situations apply to your business?, click Continue
• Let's confirm your business info, click Continue
• Your Business page

Then Business Assets, click Start
Any Large Purchases (Depreciable Assets)?,click Yes
Did you buy any items for any business, rental property and/or farm that cost $2,500 or less in 2016?, click No
Describe This Asset, choose Computer, Video, Photo and Telephone Equipment, click Continue