Skip to main content
Level 2
June 3, 2019
Solved

In driving my cab that I own, I pay Yellow Cab a weekly fee for Dispatching, Computer use and Insurance. Where do I input this yearly deduction?

  • June 3, 2019
  • 1 reply
  • 0 views
No text available
    Best answer by IsabellaG

    If you are self-employed, you would claim that expense under Business Expenses (see the screenshot). It doesn't matter too much which category you choose as long as you don't deduct this expense twice, but it would be clearest if you entered it under Other Miscellaneous Expenses, where you can type in the description and add the amount (see screenshot).

    If you are a W-2 employee, you would add the expense as an Employment Expense, under Job-Related Expenses. In the interview for this section, you will come across a screen where you can type in a description and amount.

    1 reply

    IsabellaG
    IsabellaGAnswer
    Level 13
    June 3, 2019

    If you are self-employed, you would claim that expense under Business Expenses (see the screenshot). It doesn't matter too much which category you choose as long as you don't deduct this expense twice, but it would be clearest if you entered it under Other Miscellaneous Expenses, where you can type in the description and add the amount (see screenshot).

    If you are a W-2 employee, you would add the expense as an Employment Expense, under Job-Related Expenses. In the interview for this section, you will come across a screen where you can type in a description and amount.

    **Say "Thanks" by clicking the thumb icon in a post. **Mark the post that answers your question by clicking on "Mark as Best Answer"
    mikal57Author
    Level 2
    June 3, 2019
    Thank you for this needed information.