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New Member
posted Jan 28, 2022 4:49:19 PM

Communication expenses are they totaled for entire year amount?

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3 Replies
Expert Alumni
Jan 28, 2022 7:06:24 PM

Are you talking about expenses for Schedule C (Self-Employed)? Then the answer is yes, enter the annual amount. In fact, most amounts that you enter in the return are per year, unless otherwise specified.

Alumni
Jan 28, 2022 7:22:19 PM

Everything on your ANNUAL return is an ANNUAL number, unless otherwise designated.

Level 1
Mar 26, 2023 4:14:34 PM

In my case, I was in the "Any other expenses?" screen when entering home office expenses - not sure which IRS form that is - but your answer seems to cover all that.

 

It would still be nice if TurboTax had a note at this point telling you it's all yearly amounts, and that the program will calculate how much can be actually deducted.