You will have to upgrade to Self Employed.
Statutory
employees are a very special designation and have their own special rules. If
you are a statutory employee, you can claim certain business-related expenses
on Schedule C instead of Schedule A. This means you get a bigger tax deduction
than traditional employees.
Statutory employees
are somewhere in between independent contractors and regular employees. Most
people are regular employees - they work for an employer and the employer says
what job will be done and how to do it.
Statutory employees
have been declared employees under federal tax laws, but are independent
contractors under common law. These workers are usually work salespeople or
have commission-based jobs.
The information from the W-2 has to link with your
Schedule C
- In
TurboTax Home & Business Online, go to Wages & Income and enter
your W-2.
- Ensure that Box 13
"statutory employee" is checked.
- Answer the questions on the
subsequent screens until you get to:
- "Any Related Business
Expenses?" Click "Yes".
- Go through the interview
questions.
- Your W-2 Income is now linked
to Schedule C.
