Deductions & credits


@ git2k19 wrote:

Turbo tax deluxe cd

I do food delivery and i was able to enter my mileage deduction last year using turbo tax deluxe cd. When i printed my tax return.. i can see schedule c page wherein i entered my mileage.


It depends on "where" you initially entered the Form 1099-NEC.   There are a couple of different places one could have entered it.  Since you didn't see the expense questions, I'll assume you entered the 1099-NEC in the manner I mention next, as opposed to directly entering it in the Business interview.

 

Did you enter your 1099-NEC in the section "Form 1099-MISC and Other Common Income" and then subtopic "Income from Form 1099-NEC?"  If so, you still need to go through the Business Income and Expenses interview.    After you entered the 1099-NEC, on one of the last screens of that section it should have shown you a screen with a statement on it to not forget to go through the Business section.  See this image:

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1099-NEC.png

 

 

 

 

 

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Federal Taxes tab.

Then subtab Wages & Income.

Blue button:  "I'll choose what I work on."

On the page "Your 2020 Income Summary" scroll down to topic "Business Items" and choose topic "Business Income and Expenses."

It may then show you a Business Summary screen.

Select your Business and click EDIT.

It then will have a bunch of questions about your business profile.

Keep answering a lot of screens, maybe a dozen or so.

You'll likely see a screen called "Form 1099-NEC Summary", which is the 1099-NEC you entered earlier; it can be edited there if needed.

If it shows you a screen asking if you got a Form 1099-MISC, answer appropriately.

Then it will ask if you had any income that was NOT on a Form 1099-NEC or 1099-MISC, such as cash, etc. (Don't report your 1099-NEC income twice!  You already reported it.)  

Eventually you will come to this screen where you can start the Business Expenses interview:

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business_expenses.png

 

Be sure to review  your Schedule C prior to filing to be sure it's correct.

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