1957897
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

I have written a technical book which required some expenses in subscription and paying for articles. The book is planned to be published. Can I deduct my expenses?

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply
AnnetteB6
Expert Alumni

I have written a technical book which required some expenses in subscription and paying for articles. The book is planned to be published. Can I deduct my expenses?

Yes, you can deduct your expenses on Schedule C Business Income and Expenses.  If you wrote the book in 2020, then you essentially started your business as a writer that year and had expenses to claim related to your business.  

 

After your book is published, you will report your income from writing on Schedule C as well as long as you continue your business as a writer.  

 

Use the following steps to get started:

  • On the top row of the TurboTax online screen, click on Search (or for CD/downloaded TurboTax locate the search box in the upper right corner)
  • This opens a box where you can type in “schedule c” and click the magnifying glass (or for CD/downloaded TurboTax, click Find)
  • The search results will give you an option to “Jump to schedule c
  • Click on the blue “Jump to schedule c” link
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question