Returning Member
posted
‎February 10, 2020
11:00 AM
last updated
‎February 10, 2020
11:00 AM
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Email to a Friend
- Report Inappropriate Content
Where do I enter employee leasing expenses
I use a professional employer organization to help with payroll. Wher and how do I enter the expenses?
Thank you
2 Replies
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Email to a Friend
- Report Inappropriate Content
Where do I enter employee leasing expenses
What Turbo Tax program are you using and what type of a business entity are you?
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Email to a Friend
- Report Inappropriate Content
Where do I enter employee leasing expenses
You will deduct the payroll cost as an expense on your business tax return. Depending on what form you use to report your business income and expenses will determine the exact line to use. For example:
Schedule C "Line 17 Legal and professional services"
Form 1065 "Line 20 Other deductions (attach statement)"
Form 1120 "Line 19 Other deductions (attach statement)"
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"