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For business expenses what does rent fall under

I can't find what category to put office rent under
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DS30
New Member

For business expenses what does rent fall under

Yes, you will claim this rental cost as "rental expense" on your schedule C which is where you will be reporting all of your business income and expenses.

In TurboTax Self-Employed (for TurboTax Online sign-in, click Here , then select "Take Me to My Return") (or Desktop TurboTax Home and Business), report it under "Business"> "Business income and expenses" > "I'll choose what I work on" > Business income and expenses.  Then enter all your business information.  You will come to a screen that has "Business Expenses", enter the rental space costs under "Other Common Business Expenses" - Rental expense (See attached screenshots)

For more information about business expenses, you can use this helpful TurboTax link:

https://turbotax.intuit.com/tax-tools/tax-tips/Self-Employment-Taxes/Reporting-Self-Employment-Busin...

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1 Reply
DS30
New Member

For business expenses what does rent fall under

Yes, you will claim this rental cost as "rental expense" on your schedule C which is where you will be reporting all of your business income and expenses.

In TurboTax Self-Employed (for TurboTax Online sign-in, click Here , then select "Take Me to My Return") (or Desktop TurboTax Home and Business), report it under "Business"> "Business income and expenses" > "I'll choose what I work on" > Business income and expenses.  Then enter all your business information.  You will come to a screen that has "Business Expenses", enter the rental space costs under "Other Common Business Expenses" - Rental expense (See attached screenshots)

For more information about business expenses, you can use this helpful TurboTax link:

https://turbotax.intuit.com/tax-tools/tax-tips/Self-Employment-Taxes/Reporting-Self-Employment-Busin...

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