If you have already entered income for your business and now need to add expenses, select Edit next to the business. Please see the following steps for entering business expenses.
Follow these steps to enter Business Expenses in
TurboTax Online Self-Employed.
While signed into your TurboTax account:
- Go to Search (upper right
of program) and search keywords “business expenses”
- Select
the “Jump to” link to be taken to business income and expenses
If you see your business, select Edit to begin entering business expenses.
The TurboTax interview will guide you through
questions to enter your business income and expenses.
When you get to Expenses, TurboTax will list common
business expenses and you can place a checkmark next to all the expenses that
apply to your situation. Use the “Learn more” blue link next to each item to
obtain more information on the types of business expenses for that section.
If you do not find a specific expense in that list,
expand the list by clicking “Less common
expenses” and scroll down to “Other
miscellaneous expenses”. Use the
“Learn more” link to determine
if your specific expense would be entered there.
