Self employed

it asked if I had "Any 1099-MISC Income", the answer is "No", continue to next page is "Did you get a 1099-K", the answer is"No". But after that, the system brought me back to the "Any 1099-MISC Income" again. It supposed to move to the page where allows me to enter business deductions.

I do not have a 1099K and when I select NO it takes me to next screen asking for 1099MISC and when I select NO it takes me back to 1099K page.  It will not let me get out of this loop.

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Hi All,  I just filed my 1120-s corp returns for federal and state. I now need to file my personal 1040's. Which product do I buy that will allow me to enter the s- corp income on my personal returns? I am assuming the premier product not the i do not know..

I have tried to enter a 1099-Misc form in my income, but the software keeps sending me through a loop to enter the information, trying to figure out where it should be applied. There is no option for selecting any other options which would cause this loop to end.

We have a trailer that my husband uses 100% for business. We have had to purchase new tires for the trailer several times this year. How are those expensed on the Schedule C? Are they a maintenance expense, do they have to be depreciated, or do they fall under safe harbor?

Hey TT community, I'm currently a member of an early stage multi-memer LLC (it's 2 people including myself) and I'm am looking to leave. Let's call my partner "Person A". Here's some details. * Person A formed the LLC (originally as a single-member LLC) and filed the certificate of formation with the state in early 2024.* I joined a few months later. We filed an initial report with the secretary of state listing me and Person A as governors of the LLC + signed an operating agreement (giving me equity in the business). Don't believe an amended certificate of formation was submitted.* Filed for IRS EIN as multi-member LLC with Person A as the responsible member. * Long story short, Person A is moving the biz forward and I'm leaving (basically giving back any existing equity/ownership).* No revenue, no liabilities, no employees, no nothing to-date. Here are my q's:* Given no tax history with IRS + we're in the same filing year (2024) + nothing really happend in the bus

It keeps going back and forth between 1099 misc and 1099 K. It won't go anyway from there.

ignore, looks like this got posted twice ...

My husband works for a Delivery Company locally (Western Logistics/Diligent Delivery Systems).  His 1099-NEC shows the amount he earned from Delivering Auto Parts before Diligent took out their "administration" fee out of his paycheck which totalled $400 for the year?  Is this correct on his 1099-NEC?  For example his 1099-NEC shows $32,000, what got deposited in his bank account was $31,600.  Is this an incorrect 1099-NEC or can he put the $400 as an expense somewhere on his Schedule C?  

I'm currently renting property (deeded to me) that has a mortgage loan in my deceased father's name.  Would I claim this as income and how would the interest on loan be claimed? 

I am self employed and required to keep certifications and trainings for the work that I do. There is an out of state training that I must attend (none available in my state or surrounding area) and my baby is still nursing. My husband, will be taking time off work to attend with me and the baby, thankfully the training schedule has enough breaks for me to pump. Can I write their flight expenses off too? 

My inventory is books that I printed about 15 years ago.  I sell fewer than two dozen each year.  They cost $6.41 apiece to print and I sell them for $24.95.  My profit is $18.54 per book. When I enter the current inventory, Turbotax accurately calculates the cost of sale, but it does not permit me to enter the gross sales receipts.  As a result, it shows a loss, not a profit. Where do I enter the gross sales receipts?

I drive all day for a large parts distributor.  I drive to the warehouse every morning to pick up parts to deliver and return their several times a day.  Is the mileage from my house considered commuting miles?  Or is my home considered my office?    Self-Employed and fill out a Schedule C

The California (CA) 100S form has an input box for CA Corporation Number and CA SOS File Number.  I called the SOS and they told me as an LLC with an S-Corp election I will only have the CA SOS File Number, not both.  Turbo Tax requires something in the CA Corp Number field.  Per the instructions, one of the options is "LLC is Filing as a Corporation".  To me I elected to be taxed as a Corporation vs file as a Corporation but wanted to make sure that was the appropriate response since leaving the field blank causes an Error flag on the form.

The California (CA) 100S form has an input box for CA Corporation Number and CA SOS File Number.  I called the SOS and they told me as an LLC with an S-Corp election I will only have the CA SOS File Number, not both.  Turbo Tax requires something in the CA Corp Number field.  How do I get rid of this error?

If anyone can provide me a link to this too I would appreciate it.  Right now Turbo Tax thinks I’m done because we also have regular jobs.  Please tell me how to find the area for write-offs/deductions.  TY.

Can turbo tax obtain our 1099’s for my husband and I!  We moved and did not realize we don’t have them until recently. We are both retired. 

On TurboTax online, I can only see filing option for 2023, but I have already filed for 2023.I started working as self-employed on a contract in June 2024, so can someone guide me on how to file my quarterly tax for self-employed income for September? Thank you.

Since the company doesn’t offer gas reimbursement, can I keep record of the gas I use and write it off with my taxes? Would my phone bill count for this too as I need data in order to work?

We are self-employed and pay estimated taxes each year. It seems we over-estimated our taxes for 2024. How do we adjust them at this time? Can it be done in TurboTax 2023? 

Can I overpay estimated quarterly tax, and get a refund, in order to avoid possible penalty?

Hello,Will I be able to write off my travel expenses if I work 2-3 days a week at the clients location and the rest of the week working from my home office if the contract last longer than one year? Thank you.

Hello, my mother in law is a caregiver for her mother. She was told tat she should not be paying any federal taxes. Is there any risks not paying federal taxes for this? This is her only source of income. My father in law does work a full time job. They File married jointly. 

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