MonikaK1
Expert Alumni

Deductions & credits

You are welcome!

 

Your larger items such as showcases should be listed as assets and may be deductible this year or may need to be depreciated.

 

To get to the entry screens for business assets, please take the following steps: 

 

  1. Login to TurboTax Online ( https://turbotax.intuit.com/
  2. In the Search box type schedule c. 
  3. Click the “Jump to schedule c” link.
  4. Continue the Schedule C section of your return until you get to the Assets/Depreciation section. 
  5. Follow the onscreen instructions to enter your asset information.

See this article for more information regarding depreciation in TurboTax.

 

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