I sell real estate part time how do i deduct those expences

[Coleen3 · Accepted solution]

Schedule C, Profit or Loss from Business is an IRS form filed by sole proprietors and other self-employed taxpayers.

It tallies up the business's income and expenses, and the net income (or loss) flows from Schedule C to Form 1040, Line 12.

TurboTax automatically creates Schedule C (or Schedule C-EZ) when you enter your business information or when you enter what the IRS considers self-employment income, which is often reported on Form 1099-MISC.