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New Member
posted Apr 14, 2025 2:33:32 PM

I own the one-person company who did the all the work for my company. Can I create a W-2 for myself?

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3 Replies
Level 15
Apr 14, 2025 2:39:25 PM

No. If you are self employed complete Schedule C to report your income and expenses. 

Level 15
Apr 14, 2025 2:40:18 PM

No.   

Level 15
Apr 14, 2025 2:44:52 PM

If you have self-employment income for which you will pay self-employment tax for Social Security and Medicare,  you will need to use online Premium software or any version of the desktop software download so that you can prepare a Schedule C for your business expenses.

 

 

https://ttlc.intuit.com/community/self-employed/help/how-do-i-report-income-from-self-employment/00/26653

 

https://ttlc.intuit.com/community/self-employed/help/what-is-the-self-employment-tax/00/25922

 

https://ttlc.intuit.com/turbotax-support/en-us/help-article/import-export-data-files/enter-self-employment-business-expenses-like-home/L1k6HJY4A_US_en_US?uid=m6jrthmp

 

 

If you live in a state with a state income tax, you might need to make estimated payments to your state.

 

https://turbotax.intuit.com/tax-tips/small-business-taxes/the-home-office-deduction/L1RZyYxzv