2736301
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.

chriscris
New Member

Self-employed home improvement business - Where do I enter the expense for a storage unit used for storing job materials and tools?

 
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.

2 Replies

Self-employed home improvement business - Where do I enter the expense for a storage unit used for storing job materials and tools?

Is it a unit you rent?  Or built?  You can enter rent on Schedule C .

 

How to enter self employment expenses

https://ttlc.intuit.com/community/entering-importing/help/where-do-i-enter-my-self-employment-busine...

Carl
Level 15

Self-employed home improvement business - Where do I enter the expense for a storage unit used for storing job materials and tools?

Assuming you are reporting business income/expenses on SCH C, and further assuming you are renting this storage unit, in Business Expenses/Other Common Business Expenses there is a section specifically titled "Rental Expenses".

If you purchased this storage unit and you own it, then it's entered as a business asset in the Business Assets section and depreciated over time.

 

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