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Level 1
posted Feb 21, 2023 7:45:45 AM

How can I import a CSV file into TurboTax Schedule C?

I am a private tutor, and I have certain software subscriptions and hardware that I got this year to facilitate my business. I tried to import these transactions into TurboTax, however the credit card import is not working and I cannot see any of these transactions. I am going to export these select transactions directly from Chase and manually import them into TurboTax, however I see no option to upload a CSV file. All of the search results I am getting are for crypto investments and stuff, and I do not have any crypto transactions. How do I enter in these transactions?

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1 Best answer
Expert Alumni
Feb 21, 2023 8:27:49 AM

You will need to enter them manually.  You are correct in that TurboTax can upload CSV files but the application limits such uploads to cryptocurrency transactions.   Because you are entering expenses associated with your tutoring business, you can combine expenses in the same category rather than entering individually.  For example, you could combine all of your subscription expenses if they reasonably fall within the same category of business expense.  

 

Because you may have more than several expenses, keep your CSV files as back-up documentation to substantiate how you computed expenses on Schedule C that represent more than one business item.  

 

@laylinda 

1 Replies
Expert Alumni
Feb 21, 2023 8:27:49 AM

You will need to enter them manually.  You are correct in that TurboTax can upload CSV files but the application limits such uploads to cryptocurrency transactions.   Because you are entering expenses associated with your tutoring business, you can combine expenses in the same category rather than entering individually.  For example, you could combine all of your subscription expenses if they reasonably fall within the same category of business expense.  

 

Because you may have more than several expenses, keep your CSV files as back-up documentation to substantiate how you computed expenses on Schedule C that represent more than one business item.  

 

@laylinda