topic Re: Turbo Tax Business - Deductions - Common Business Expenses in mixed with payments to Independent Contractors in Business & farm

Turbo Tax Business - Deductions - Common Business Expenses in mixed with payments to Independent Contractors

gunkiran — Tue, 10 Mar 2026 05:45:40 GMT

Turbotax Business is the Product.

In the "Compensation & Benefits" Entered the payments made to Independent Contractors. This is a positive value.

In Common Business Expenses, entered individual amounts. This total always gets mixed with the payment amount entered to Independent Contractors.

Ex:

Payment to Independent Contractors = $150,000

Common Business Expenses Entered Total = $15,000

The Total on Common Business Expenses is showing as : $15,000-$150,000 = -$135,000

This is strange. Appreciate any help.

Re: Turbo Tax Business - Deductions - Common Business Expenses in mixed with payments to Independent Contractors

Critter-3 — Tue, 30 Aug 2022 19:39:49 GMT

Stop looking at the sometimes confusing summary screens and switch to the FORMS mode to review the actual tax forms... are all the correct amounts in the correct places ?

Re: Turbo Tax Business - Deductions - Common Business Expenses in mixed with payments to Independent Contractors

gunkiran — Thu, 01 Sep 2022 01:37:46 GMT

indeed. Went into the forms and fixed the amounts.

The payments entered for independent contractors was not carried as a business expense there by resulting in a huge net for the business.

Likely a bug in the software in the step-by-step flow.

I'm all set with the issue

Re: Turbo Tax Business - Deductions - Common Business Expenses in mixed with payments to Independent Contractors

yangguoguo — Sun, 04 Sep 2022 19:59:56 GMT

I found exactly the same problem. This will make my balance sheet not balanced anymore.

I am using Turbo Tax Business, Desktop Windows, version.

The problem was not there when last time I worked on my tax return 07/03/2022.

The problem showed up when I made the software update on 09/04/2022 to WinBiz, [phone number removed].

It looked to me as a software bug. Could someone look into this and provide a fix? The extended tax file deadline of 09/15/2022 is just around the corner. Thanks.