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Can schedule c be combined

Forum|Forum|7 years ago
June 1, 2019
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Best answer by DoninGA

Then you should be entering the expenses related to your work as an insurance agent on Schedule C. In the Wages and Income section of the TurboTax program, after entering the W-2, the program would have given you a screen Any Related Business Expenses. Answering Yes will allow the program to take you through the business income and expenses section for Schedule C later in the interview after completing the Wage and Income section.

Using the TurboTax online editions you would need to use or upgrade to the Self-Employed edition.

Using the TurboTax desktop CD/Download editions, any of the editions can be used to complete a Schedule C.

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U

unclem2Author

2 separate schedule c for the same job

DoninGA

Employee

Yes. One for the income received from the W-2 and one for the income received from the 1099-MISC.

U

unclem2Author

ty not good expenses are combined because job is same ty again

DoninGA

Employee

And FYI, the instructions for statutory employee income are on the Schedule C instructions page 5 - <a rel="nofollow" target="_blank" href="https://www.irs.gov/pub/irs-pdf/i1040sc.pdf#page=5">https://www.irs.gov/pub/irs-pdf/i1040sc.pdf#page=5</a>

"If you had both self-employment income and statutory employee income, you must file two Schedules C. You cannot use Schedule C-EZ or combine these amounts on a single Schedule C."

U

unclem2Author

program has a glitch and should never let you combine, then tell you cant at the end

U

unclem2Author

thank you again

DoninGAAnswer

Employee

Then you should be entering the expenses related to your work as an insurance agent on Schedule C. In the Wages and Income section of the TurboTax program, after entering the W-2, the program would have given you a screen Any Related Business Expenses. Answering Yes will allow the program to take you through the business income and expenses section for Schedule C later in the interview after completing the Wage and Income section.

Using the TurboTax online editions you would need to use or upgrade to the Self-Employed edition.

Using the TurboTax desktop CD/Download editions, any of the editions can be used to complete a Schedule C.