I am a delivery driver and dont have a car. I used my moms car all 2024.
Can I deduct miles even though I dont owe the car? Or what can I deduct
if I dont owe the car?
RshcPosted 2 hours ago
| Latest post 19m ago by
Rshc
On my QBI smart worksheet in Schedule C, line 5a has the premiums paid
for self-employed health insurance. However, the number is wrong. It's
populating the premium deduction with Form 7206 line 13 instead of line
14. So TT is putting in $12,672 for ...read more
mronufrakPosted 2 weeks ago
| Latest post 5 hours ago by
SusanY1
Another question for the experts: Sold a small retail business at the
beginning of 2023, a schedule C proprietorship. For the first time in 40
years, I had a CPA file my return in 2023 because of complications
related the business sale. I showed a sm...read more
DFS1Posted Saturday
| Latest post 6 hours ago by
PatriciaV
I use Turbotax Premier for the mac. In the 2024 tax year, on easystep
screen for wages and income,in the income from form 1099-misc, it shows
a non-zero value for the prior year 2023 but shows $0 for 2024 even
though I entered a number during the int...read more
whodiiniPosted a month ago
| Latest post 6 hours ago by
Dan415
I worked all of 2024 as independent contractor billing hours +
GST/PST.One of employers sent me a T4A slip (48-fees for service)When
doing my taxes, I enter the T4A slip then other income under "Other
Income". However, now Turbo Tax considers this as...read more
Thank you in advance for your help! Im soo confused and anxious about
doing estimated taxes. Please explain in as simply as you are able to. I
have a small business and my husband works another job of which he
recieved a W 2 and has taxes taken out e...read more
This is my first year with Intuit Premium, and the profit/loss
questionnaire collects info from the profit-loss statement but does not
generate Schedule C in the return.
athena5Posted 10 hours ago
| Latest post 9 hours ago by
MayaD
Hi, I was looking for SE most common tax deductions to check that I was
not missing any and I found this information: I have been doing my taxes
as SE for several years and I have always reported my gross income on
the income part (self employed inco...read more
DaniroPosted 11 hours ago
| Latest post 10 hours ago by
VolvoGirl
hello - I purchased TT Deluxe with state that allows up to 5 income tax
filings. I would like to share one of these five with a family member.
is there a way to share software without showing or allowing them access
to my completed returns? they will...read more
gjgogolPosted 12 hours ago
| Latest post 11 hours ago by
DoninGA
Why doesn't Marketplace Health Insurance Premiums go on Schedule C for a
self-employed person? If it went on Schedule C it would lower the profit
and thereby lower the Self-Employed Tax calculation along with SEP
contribution. Adding it to Schedule 1...read more
I am caring for only my family member no other people. When TT start
filling out a Schedule C as if I am a Contractor with a business which I
am not. How to list the amount on the 1099 Misc nut deduct it as
nontaxable using Notice 2014-7 Difficulty o...read more
joeviePosted April 11, 2022
| Latest post 15 hours ago by
p3beebe