turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

robbienich88
Returning Member

If I upgrade from Deluxe to Premium to add Expenses from Self-Employment income, but decide not to claim them before filling, can I return to Deluxe without pay Premium?

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

2 Replies

If I upgrade from Deluxe to Premium to add Expenses from Self-Employment income, but decide not to claim them before filling, can I return to Deluxe without pay Premium?

If you have self-employment income and need to prepare a Schedule C for your expenses, you need online Self-Employed.  You cannot prepare a Schedule C with online Premier.  If you upgrade and then decide to clear it and downgrade--you lose all the data and start over from the beginning.

 

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

 

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

 

https://ttlc.intuit.com/questions/2902389-why-am-i-paying-self-employment-tax

https://ttlc.intuit.com/questions/1901340-where-do-i-enter-schedule-c

 

 

https://ttlc.intuit.com/questions/3398950-what-self-employed-expenses-can-i-deduct

 

 

https://ttlc.intuit.com/questions/1901110-do-i-need-to-make-estimated-tax-payments-to-the-irs

 

 

https://turbotax.intuit.com/tax-tools/calculators/self-employed/

 

 

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

If I upgrade from Deluxe to Premium to add Expenses from Self-Employment income, but decide not to claim them before filling, can I return to Deluxe without pay Premium?

By not using your expenses, you are increasing the Federal, Social Security and Medicare taxes you are paying. 

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question