Taxes 2017

3 replies
20 views

I am trying to file my 2017 taxes. I work as a Dental hygienist. During 2017 I worked for two employers. One unfortunately gave me a 1099, because i worked for them as am independent contractor. The automobile I used to travel back and forth to that job I traded-in at the end of December that year. How do I report that on my return?

VolvoGirl

Level 15

Are you using the 2017 Desktop program on your computer? Which version?

That is self employment income and you need to fill out schedule C for it.

Enter it under…..

Federal Taxes Tab (or Business for Home & Business)

Wages & Income

Choose Jump to Full List -or I'll choose what I work on

Then scroll way down to Business Items

Business Income and Expenses - Click the Start or Update button

happyalwzeAuthor

Level 2

yes desktop. version 3.0.80. I understand filling Schedule C. my confusion is how to fill out the amount of trade in, the original cost of trade in and how to figure out what AMT is.