You can claim them as long as you were able to receive a commission, but just didn't. You will file a Schedule C as a self-employed person.
(This is true as long as you have not taken any steps to become a
corporation or are not a multi-member LLC.)
The Schedule C will flow onto
your individual income tax return (Form 1040) and be netted with other personal
income and expenses.
How to get to the area to enter your
business expenses
:
While inside the software and working on your return,
type Schedule C in the Search at the top of the screen (you
may see a magnifying glass there). There will be a popup that says Jump
to Schedule C. Select that to get to the general area.
Then:
- select Edit next
to your business (if it is there)
- scroll to Business
Expenses
- then Select one of the
following, depending on what expenses you are entering: Other
Common Business Expenses, Home Office, or Business Vehicle
Expenses
You can use your own name and address for the
business, if you don't have a business name. And, there is no need for an
EIN when it asks for that, if you don't have one.
Follow through all the areas in the Business section of the
TurboTax software and it will provide you with a lot of assistance. You'll notice
blue links that have more
information and details about the particular sections that will be extremely
helpful.
Also, this link may be helpful to you IRS Small
Business Help Center .
