I'm self employed and lease office space, I can't find anywhere to expense that or my insurance costs on sch c

1262

1 Best answer

New Member

May 31, 2019 11:08:17 PM

If you are in TurboTax Self-employed you can add Office Space Lease Expense as follows:

Income & Expenses >> Self-employment Income/Expenses >> 1099-Misc, write-offs, etc.
Select >> Edit
Here's your work summary >> Line of Work >> This should show the business you set up
Select >> Edit
Here's your (Business Name) info >> Scroll down to the bottom
Select >> "Add expenses for this work"
Tell us about any expenses for (Business Name) >> Select >> Less common expenses (at the bottom)
Select >> Office expenses
"Let's enter your other office expenses for your (Business Name) work"
At the bottom is a box for you to enter Office Lease and an amount.
You can "Add Another Row" to enter anything else you haven't previously.
You can also loop around again. Business Insurance is also a "Less Common Expense"

New Member

May 31, 2019 11:08:17 PM

If you are in TurboTax Self-employed you can add Office Space Lease Expense as follows:

Income & Expenses >> Self-employment Income/Expenses >> 1099-Misc, write-offs, etc.
Select >> Edit
Here's your work summary >> Line of Work >> This should show the business you set up
Select >> Edit
Here's your (Business Name) info >> Scroll down to the bottom
Select >> "Add expenses for this work"
Tell us about any expenses for (Business Name) >> Select >> Less common expenses (at the bottom)
Select >> Office expenses
"Let's enter your other office expenses for your (Business Name) work"
At the bottom is a box for you to enter Office Lease and an amount.
You can "Add Another Row" to enter anything else you haven't previously.
You can also loop around again. Business Insurance is also a "Less Common Expense"