How can I add the expenses for a book I wrote? Expenses <$600. Royalties < $100. I do not need TurboTax Self-employed bec no need for Schedule C if exp<$1000.

dkallen47 — Wed, 05 Jun 2019 21:58:44 GMT

If you are currently in the business of being a writer, t...

AnnetteB — Wed, 05 Jun 2019 21:58:45 GMT

If you are currently in the business of being a writer, then your income and expenses would be reported on Schedule C and subject to self-employment tax. The income would include any royalties you received for past published works.

Only if you are not in the business of being a writer and are simply receiving royalty income for past published works, then your royalty income is reported on Schedule E and is not subject to self-employment tax.

Based on your need to include expenses for your book, you will need to use Schedule C (or Schedule C-EZ) to report the income and expenses.

In order to complete either type of Schedule C, you will need TurboTax self-employed online or the CD/downloaded version of TurboTax.

topic How can I add the expenses for a book I wrote? Expenses &lt;$600. Royalties &lt; $100. I do not need TurboTax Self-employed bec no need for Schedule C if exp&lt;$1000. in Investors & landlords

How can I add the expenses for a book I wrote? Expenses <$600. Royalties < $100. I do not need TurboTax Self-employed bec no need for Schedule C if exp<$1000.

If you are currently in the business of being a writer, t...

topic How can I add the expenses for a book I wrote? Expenses <$600. Royalties < $100. I do not need TurboTax Self-employed bec no need for Schedule C if exp<$1000. in Investors & landlords