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Level 3
posted Apr 8, 2022 5:31:52 PM

How can I add expenses without buying self employed version. My expenses are $50 which is less than $99 to upgrade to self employed version.

Is there anywhere I can add expenses manually? The income is from my hobby.

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1 Best answer
Level 1
Apr 8, 2022 5:45:39 PM

If you call it a hobby your expenses are not deductible.

If it is a business you can file a Schedule C which I have been using in the deluxe version for the past 30 years.

If you have a business there are many expenses you can claim

You should read the book How To Save on Taxes Big Time by my friend Sandy Botkin ex IRS audit trainer.

1 Replies
Level 1
Apr 8, 2022 5:45:39 PM

If you call it a hobby your expenses are not deductible.

If it is a business you can file a Schedule C which I have been using in the deluxe version for the past 30 years.

If you have a business there are many expenses you can claim

You should read the book How To Save on Taxes Big Time by my friend Sandy Botkin ex IRS audit trainer.