As a statutory employee I receive W2 and file Schedule UE for business expenses. I have (2) employees and I pay wages. Can I expense on Schedule UE?

johnmnovak — Tue, 04 Jun 2019 20:17:33 GMT

Yes, as a statutory employee, you can deduct all of your...

AmandaR1 — Tue, 04 Jun 2019 20:17:35 GMT

Yes, as a statutory employee, you can deduct all of your expenses on schedule C, including paying employees (wages + employee benefits). TurboTax will account for this properly.

When you enter your W-2, be sure to check the Statutory employee box (and, of course, it must be checked on your W-2). When you go to the Self-employed Income & Expense section, setup your work as a business. In the income section, you'll be able to select you W-2 to apply to income.

Under the Income & expense summary screen, you'll see expense categories for employee wages and employee benefits.

Thank you very much for helping me! John

johnmnovak — Tue, 04 Jun 2019 20:17:36 GMT

Thank you very much for helping me! John

topic As a statutory employee I receive W2 and file Schedule UE for business expenses. I have (2) employees and I pay wages. Can I expense on Schedule UE? in Business & farm

As a statutory employee I receive W2 and file Schedule UE for business expenses. I have (2) employees and I pay wages. Can I expense on Schedule UE?

Yes, as a statutory employee, you can deduct all of your...

Thank you very much for helping me! John