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believerfor-1
New Member

I need to deduct my business expenses, rent, supplies, things I purchased for resale. I had almost 10,000 in expenses. Don't I need to do a Schedule C

I need to do a Schedule C
1 Best answer

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PatriciaR
New Member

I need to deduct my business expenses, rent, supplies, things I purchased for resale. I had almost 10,000 in expenses. Don't I need to do a Schedule C

Follow these steps to enter Business Expenses in TurboTax Online Self-Employed.

While signed into your TurboTax account:

  • Go to Search in upper right of program and use keywords “schedule c
  • Select the “Jump to” link to be taken to business income and 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.


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2 Replies
PatriciaR
New Member

I need to deduct my business expenses, rent, supplies, things I purchased for resale. I had almost 10,000 in expenses. Don't I need to do a Schedule C

Follow these steps to enter Business Expenses in TurboTax Online Self-Employed.

While signed into your TurboTax account:

  • Go to Search in upper right of program and use keywords “schedule c
  • Select the “Jump to” link to be taken to business income and 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.


VolvoGirl
Level 15

I need to deduct my business expenses, rent, supplies, things I purchased for resale. I had almost 10,000 in expenses. Don't I need to do a Schedule C

Yes you are filling out the schedule C when you enter the income and expenses.
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