Where can i input the ge taxes that we already paid?

[AmyW · Accepted solution]

First, you will enter the full amount of your income in the income section, and then you will enter the GE in the Taxes and Licenses section. You can create a category called General Excite Tax.

[bbhawaiigmailcom]

thank you

[AmyW]

It was our pleasure to assist you.

[Anonymous]

Where is this section???

[AmyC]

Go into your business return, click Edit

Go to Business Expenses, click View All/ Visit All

Scroll down to Taxes and Licenses, select Start

Description General Excise Tax Amount $xxx

Continue

@Anonymous

[JaKaYo]

hello,

Is there a place to enter GE taxes paid on turbo tax deluxe?

[DMarkM1]

No.  First, General Excise taxes for personal expenses are not deductible.  

Next, you can deduct as a business expense, excise taxes that are ordinary and necessary expenses of carrying on your trade or business. You can do that in an online self-employment product or desktop Home and Business or if filing a partnership/corporation return use a business product.  In all cases navigate to the "expenses" topic for your business and locate the "Taxes and Licenses" item.  

[JaKaYo]

thank you!