topic Schedule C in Business & farm

Schedule C

Candles32 — Mon, 13 Jan 2025 19:42:50 GMT

I signed up for TurboTax Deluxe, which stated that it includes Schedule C for my small business. I've already filled out my business expenses, but I can't find the Schedule C form anywhere. I need to account for the cost of my candle materials (wax, wicks, etc.) that go into my COGS. What should I do? Whenever I click on a link to Schedule C, it just brings me back to the business expenses section without showing the form.

Re: Schedule C

VolvoGirl — Mon, 13 Jan 2025 19:53:03 GMT

You can enter self employment income into Online Deluxe but it you have expenses you need to upgrade to Premium which it sounds like you have.

Costs of Goods sold in under the Inventory section. Go back to the start of Business and Edit. Inventory/COGS is a separate section.

Before filing you can preview the 1040 or print the whole return
https://ttlc.intuit.com/community/accessing/help/how-do-i-preview-my-turbotax-online-return-before-filing/00/26160

Re: Schedule C

xmasbaby0 — Mon, 13 Jan 2025 19:54:17 GMT

You do not have direct access to the forms in online software. You use the interview screens to enter all of your information. Forms mode is only found as a feature of the desktop download. And.....if you are using online TurboTax, you need to upgrade to Premium in order to prepare a Schedule C. You cannot prepare a Schedule C using online Deluxe.

If you use the desktop download software, any version can prepare a Schedule C.