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March 17, 2023
Question

Business deductions

  • March 17, 2023
  • 1 reply
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Does my business need to be registered so I can take deductions ?

    1 reply

    CatinaT1
    March 17, 2023

    No. There is no requirement for tax purposes to register to be considered a business. Your State or County, however, has rules about registering. So you will want to check with your State Secretary of State and with your County to see what they require.

      

    These links will be helpful to you: 

    Self-Employed Tax Center  

    Tax information for Businesses  

       

    To file a Schedule C, here are the steps:  

    1. Sign in to your account and select Pick up where you left off  
    2. At the right upper corner, in the search box, type in schedule C and Enter   
    3. Select Jump to schedule C   
    4. Follow prompts 
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