I'm a sole proprietor, cash method. I have sizable expenses for Google AdWord placement and campaigns. I also provide hosting services and pay GoDaddy for those. Where can I deduct these expenses? I think the answer is "Misc. Expenses," but not sure. Thanks!
Yes, categorize the above expenses as Other Miscellaneous Expenses.
To report your business expense in TurboTax:
Type in schedule c in the search box, top right of your screen
Click on the first category Jump to schedule c link
Follow the prompts and online instructions
Arrive at the Your Business page
Scroll down to the Business Expense category
Click start or update next to Other Common Business Expenses category
Arrive at the Let's write off some business expenses page
Scroll down to the Other Miscellaneous Expenses category.
Yes, categorize the above expenses as Other Miscellaneous Expenses.
To report your business expense in TurboTax:
Type in schedule c in the search box, top right of your screen
Click on the first category Jump to schedule c link
Follow the prompts and online instructions
Arrive at the Your Business page
Scroll down to the Business Expense category
Click start or update next to Other Common Business Expenses category
Arrive at the Let's write off some business expenses page
Scroll down to the Other Miscellaneous Expenses category.